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Sidharth Mudgal & Hemant Gambhir’s Digest on Acquittal in Dishonour of Cheques
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Explore ‘DIGEST ON ACQUITTAL IN DISHONOUR OF CHEQUES’ – Your Definitive Guide to Legal Precedents in Negotiable Instruments Cases!
1. A Legacy of British Raj: The Negotiable Instrument Act of 1881, a relic of the British Raj, remains in force in India today. This act governs various financial instruments, including bills of exchange, promissory notes, and most significantly, cheques.
2. Ensuring Financial Credibility: Sections 138 to 142 were introduced to enhance banking efficiency and establish trustworthiness in business transactions involving cheques.
3. Making Dishonor a Crime: In 1988, Chapter XVII was added to the Negotiable Instruments Act, criminalizing the dishonor of cheques. This was a significant step to uphold financial integrity.
4. Legal Consequences: Those issuing dishonored cheques face penalties, including imprisonment for up to two years, fines, or both, up to twice the amount of the dishonored cheque.
5. Addressing Widespread Issues: The prevalence of dishonored cheques is a significant concern, and misuse of Section 138 of the Negotiable Instruments Act is equally problematic.
6. Your Comprehensive Legal Resource: ‘DIGEST ON ACQUITTAL IN DISHONOUR OF CHEQUES’ compiles cases from the Supreme Court of India and all High Courts related to acquittals under Section 138 of the Negotiable Instruments Act and related provisions.
7. Stay Updated: The book includes the amended Negotiable Instruments Act for quick reference, ensuring you have the latest legal framework at your fingertips.
8. For All Stakeholders: This resource is not limited to practicing lawyers and courts but is also invaluable for students and anyone involved in banking practices or negotiable instruments cases.
9. Easy Navigation: An exhaustive index allows you to quickly find specific topics, even in the midst of a busy schedule.
10. In-Depth Analysis: All citations on the subject are systematically organized under analytical and precise outlines, providing a clear and concise exposition of the law.
11. Empowerment Through Knowledge: Legal practitioners, courts, and students will find this resource indispensable for building strong legal arguments and staying updated with the latest precedents.
12. Reaffirming Legal Principles: While presenting recent cases, the book retains a strong foundation in established legal principles.
Empower yourself with a wealth of legal knowledge. Explore ‘DIGEST ON ACQUITTAL IN DISHONOUR OF CHEQUES’ today and gain a deeper understanding of negotiable instruments cases, banking practices, and the pursuit of justice in financial transactions.
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