Supreme Court Strikes Down Expulsion of Bihar MLC as Disproportionate, Orders Immediate Reinstatement Private Banks Not Subject to Writ Jurisdiction Under Article 226: Punjab & Haryana High Court Mere Allegation of Forgery is Not Enough: Madhya Pradesh High Court Dismisses Second Appeal in Partition Dispute When a Case is Made Out for Bail, Courts Should Not Hesitate: Kerala High Court Allows Bail Despite Commercial Quantity of Drugs Seized Retailers Cannot Be Prosecuted for Manufacturer’s Fault" – Karnataka High Court Quashes Case Against Pesticide Dealers Mere Issuance of a Cheque Does Not Prove Legally Enforceable Debt": Delhi High Court Upholds Acquittal in Cheque Dishonor Case Courts Cannot Ignore Urgent Repairs When Public Safety is at Stake: Calcutta High Court Upholds Trial Court's Order Mutation Entries Do Not Confer Ownership: Bombay High Court Rejects Premature Dismissal of Partition Suit No Substantial Question of Law – High Court Cannot Re-Appreciate Evidence Under Section 100 CPC: Andhra Pradesh High Court Injunction Cannot Be Granted Without Proof of Possession: Allahabad High Court Quashes Relief in Land Dispute Section 197 CrPC | Sanction for Prosecution is a Shield, Not a Sword: Supreme Court Quashes Criminal Case Against BIS Officer Landlord is the Best Judge of His Needs: Supreme Court Orders Eviction in Favor of Landowner Vijaya Bank TT Scam | Supreme Court Acquits Jeweller in ₹6.7 Crore Vijaya Bank Fraud Case, Orders Return of 205 Gold Bars Procurement Preference for Small Enterprises is a Legal Mandate, Not a Mere Policy: Supreme Court Rules in Favor of MSMEs Revisional Jurisdiction Cannot Be Invoked Against Interlocutory Orders of Commercial Courts: Orissa High Court Declares Section 8 Bar Absolute Victim’s Testimony Must Be of Sterling Quality to Be Sole Basis of Conviction: Kerala High Court Reduces Sentence of Pastor Convicted for Repeated Rape of Minor Providing Set-Top Boxes to Subscribers Constitutes Sale”: Karnataka High Court Upholds VAT on Tata Play Limited Mere Registration of FIR Cannot Justify Denial of Passport Renewal: Jammu & Kashmir and Ladakh High Court

"CHEQUE BOUNCE & BANKING LAW" Digest

Negotiable Instruments Act, 1881 – Section 138 and 139 – Dishonour of Cheque – Petitioner sought to file appeal against acquittal of respondent – Memorandum of Understanding (MoU) between petitioner and respondent involving business transaction – Cheque issued by respondent towards part-payment of legally enforceable debt – Dishonour of cheque due to “S...

Negotiable Instruments – Dishonour of Cheque – Conviction Compounded – Petitioner convicted under Section 138 of the Negotiable Instruments Act by the Judicial Magistrate, Fast Track Court, Kallakurichi, for dishonour of a cheque amounting to ₹20,00,000/-. The Trial Court sentenced him to one year of simple imprisonment and ₹20,00,000/- compensation, in default, to undergo th...

Negotiable Instruments – Dishonour of Cheque – Conviction Compounded – Petitioner convicted under Section 138 of the Negotiable Instruments Act for dishonour of a cheque amounting to ₹2,48,000/- – Trial Court sentenced him to six months simple imprisonment and compensation of ₹2,48,000/-, affirmed by the Sessions Judge on appeal – High Court allowed compounding of...

Section 138 NI Act – Impact of Moratorium under Section 14 IBC – Proceedings Quashed - The Court held that once a corporate debtor enters Corporate Insolvency Resolution Process (CIRP) and a moratorium under Section 14 of the IBC is imposed, the control and management of the debtor’s accounts vests in the Interim Resolution Professional (IRP). Consequently, individuals, including...

Bank Guarantee – Separate Contract – Rights of Legal Heirs – Petitioner, as the sole legal heir of her late father, contested the invocation of a bank guarantee furnished on her father's margin money – Held: Bank guarantees operate as independent contracts – Petitioner's claims regarding fraud and ownership of margin money must be pursued separately – No...