Presentation On 138 Vijyant 113

GSL (India) Ltd. ,[object Object]

and the legal team of GSL ,[object Object]

PRESENTATION ON: SECTION 138 of the Negotiable Instruments Act 1881 and the Amendments of the Act

An Overview by: ,[object Object],[object Object]

Under the thankful cooperation and guidance of: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[ Act No. 26 of Year 1881 , dated 9-12- 1881 ] ,[object Object],[object Object]

the said act was enacted to define and to provide the law relating to ,[object Object],[object Object],[object Object]

Promissory Note: ,[object Object],[object Object]

Bill of Exchange: ,[object Object],[object Object]

Cheque: ,[object Object],[object Object],[object Object]

Two things were of great concern viz. , such provisions were required to be made that prove to be of deterrent effect to the others and in case of dishonouring of cheque, the amount is paid to the payee as early as possible together with interest and compensation. ,[object Object]

From 1 st April 1989 ( 1988 Amendment ) ,[object Object],[object Object]

1988 Amendment ,[object Object],[object Object],[object Object]

Chapter XVII ,[object Object],[object Object],[object Object]

1988 Amendment ,[object Object],[object Object]

Certain new sections included in the Negotiable Instruments Act through the Chapter XVII and are numbered as: ,[object Object],[object Object]

New sections in the Chapter XVII ,[object Object],[object Object]

Basic Presumption of Section 138: ,[object Object]

Five basic ingredients of section 138 which shall have to be fulfilled for creating an offence for dishonour of a cheque ,[object Object],[object Object],[object Object],[object Object],[object Object]

Supreme Court also held in K. Bhaskaran Vs. Sankaran Vaidyan Balan: ,[object Object],[object Object],[object Object]

Moreover the section 138 also provides for the punishment for dishonour of cheque: ,[object Object],[object Object]

1988 amendment ,[object Object]

Supreme Court examined: ,[object Object]

Section 141: ,[object Object],[object Object]

More Over From 06.02.2003 (by the 2002 amendment ) ,[object Object],[object Object]

2002 Amendment ,[object Object],[object Object],[object Object],[object Object],[object Object]

2002 Amendment ,[object Object],[object Object]

New sections inserted through the 2002 amendment: ,[object Object],[object Object]

New sections inserted through the 2002 amendment: ,[object Object],[object Object],[object Object]

Meaning of Compoundable in 138 N. I. Act: ,[object Object],[object Object]

Some frequently asked queries on the chapter of section 138 of the act: ,[object Object],[object Object],[object Object],[object Object],[object Object]

Some frequently asked queries on the chapter of section 138 of the act: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Some frequently asked queries on the chapter of section 138 of the act: ,[object Object],[object Object],[object Object],[object Object]

Some frequently asked queries on the chapter of section 138 of the act: ,[object Object],[object Object],[object Object]

Supreme Court Case: K. Bhaskaran Vs Sankaran Vaidyan Balan ,[object Object],[object Object],[object Object]

Section 29(2) of Cr. P. C.: Fine can not be more than Rs.5,000/- ,[object Object],[object Object]

Goaplast V/s Shri Chico Ursula D’ Souza ,[object Object]

Presentation On 138 Vijyant 113

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