The government is planning to bring amendment to the Negotiable Instruments Act (NIA) in the upcoming monsoon session of Parliament in a push for a less-cash economy, and a draft Bill in this regard ...
In India, the Negotiable Instruments Act was enacted in the year 1881. Before its enactment, the provision of English Negotiable Instrument Act was relevant in India, and the present Act is also based ...
Finance Minister Arun Jaitley today said the government is considering further amending the Negotiable Instrument (NI) Act to effectively deal with lakhs of cheque bounce cases by reducing timeframe ...
New Delhi, Dec 10 () The government is looking to amend the Negotiable Instruments Act (NIA) in a bid to promote less-cash economy and a Bill in this respect is likely to be introduced in the upcoming ...
NEW DELHI: The Supreme Court (SC) on Wednesday indefinitely extended the limitation period for cases falling under the Negotiable Instruments Act, 1881, and Arbitrations and Conciliation Act, 1996, ...
Department of Financial Services (DFS) which comes under the Ministry of Finance is opposed to the suggestion of decriminalising offences related to cheque bouncing cases. According to sources, ...
“As you are aware of the Negotiable Instrument Amendment Ordinance, the Supreme Court had passed a judgement that if you receive a cheque from someone and the cheque gets bounced, then the ...
Negotiable Instruments (Amendment) Act, 2015 was passed in the Lok Sabha in May seeking to overturn a Supreme Court 2014 ruling said the case has to be initiated where the cheque-issuing branch was ...
The court had earlier issued non-bailable warrants against Kingfisher Airlines, its chairman Mallya and A Raghunathan, on the ground of dishonouring the two cheques. "Some regulatory and legislative ...
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