![HP HC Upholds Acquittal in Cheque Bounce Case, noting Complainant’s Lack of Financial Capacity and Non-Impleadment of Society [Read Order]](https://images.taxscan.in/h-upload/2025/06/29/500x300_2056187-hp-hc-cheque-bounce-case-financial-capacity-non-impleadment-of-society-taxscan.webp "HP HC Upholds Acquittal in Cheque Bounce Case, noting Complainant’s Lack of Financial Capacity and Non-Impleadment of Society [Read Order]")
HP HC Upholds Acquittal in Cheque Bounce Case, noting Complainant’s Lack of Financial Capacity and Non-Impleadment of Society [Read Order]
The Himachal Pradesh High Court upheld the acquittal in a cheque bounce case under the Negotiable Instruments Act, noting that the complainant...
![Gujarat HC upholds Acquittal order under NI Act as Applicant failed to Submit ITR proving Financial capacity [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/250x150_2052959-gujarat-high-court-acquittal-order-under-ni-act-itr-taxscan.webp "Gujarat HC upholds Acquittal order under NI Act as Applicant failed to Submit ITR proving Financial capacity [Read Order]")
![Complainant Fails to Disclose Loan in ITR or Prove Financial Capacity: Gujarat HC Denies Appeal in Rs. 15 Lakh Cheque Bounce Case [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2052162-complainant-fails-to-disclose-loan-disclose-loan-loan-disclose-loan-in-itr-taxscan.webp "Complainant Fails to Disclose Loan in ITR or Prove Financial Capacity: Gujarat HC Denies Appeal in Rs. 15 Lakh Cheque Bounce Case [Read Order]")
![Supreme Court Upholds Demand Notice u/s 8 IBC on Corporate Debtors Key Managerial Personnel [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/05/Supreme-Court-Supreme-Court-Upholds-Demand-Notice-Section-8-IBC-TAXSCAN.jpg "Supreme Court Upholds Demand Notice u/s 8 IBC on Corporate Debtors Key Managerial Personnel [Read Judgement]")
Creditor Not Required to Prove Financial Capacity to Extend Loan: Supreme Court Slaps ₹32 Lakh Fine on Defaulter in S.138 NI Act Case [Read Order]
In a notable ruling, the Supreme Court of India has held that a creditor is not required to prove their financial capacity at the outset to establish a legally enforceable debt under Section 138 of...
![Creditor Not Required to Prove Financial Capacity to Extend Loan: Supreme Court Slaps ₹32 Lakh Fine on Defaulter in S.138 NI Act Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Creditor-Not-Required-Prove-Financial-Capacity-Financial-Capacity-Financial-Capacity-to-Extend-Loan-Extend-Loan-Supreme-Court-taxscan.jpg "Creditor Not Required to Prove Financial Capacity to Extend Loan: Supreme Court Slaps ₹32 Lakh Fine on Defaulter in S.138 NI Act Case [Read Order]")
Madras HC issues Directions to Streamline Cheque Bounce cases under Negotiable Instruments Act [Read Order]
In order to expedite and guarantee the timely resolution of check bounce cases under the Negotiable Instruments Act, 1881 (NI Act), the Madurai Bench of the Madras High Court issued a number of...
Cheques proven for Debt Repayment: Accused Convicted u/s 138 of NI Act for Cheque Dishonor Citing Failure to Rebut Presumption of Debt [Read Order]
The Delhi Judicial First Class Magistrate Court ( JFMC ) convicted the accused under Section 138 of the Negotiable Instruments ( NI ) Act, 1881, for cheque dishonor, citing their failure to rebut the...
No Bar to Liability of Signatory of Cheque under NI Act due to Initiation of Proceedings under IBC: Madhya Pradesh HCÂ [Read Order]
The Madhya Pradesh High Court has held that there is no bar to the liability of the signatory of the cheque under the Negotiable Instruments Act, 1881 due to the initiation of proceedings under the...
![Cheque Dishonour Case can be filed against Trust being Juristic Person: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Cheque-Dishonour-Case-can-be-filed-against-Trust-Juristic-Person-Cheque-Dishonour-Case-Kerala-HC-taxscan.jpg "Cheque Dishonour Case can be filed against Trust being Juristic Person: Kerala HC [Read Order]")
Judgment of Civil Court is Binding on Criminal Court to prove Legally Enforceable Debt u/s 138 of NI Act: AP HC [Read Order]
The Andhra Pradesh High Court ruled that the judgment of the civil court is binding on criminal court to prove legally enforceable debt under Section 138 of the Negotiable Instruments Act, 1881. ...
![Judgment of Civil Court is Binding on Criminal Court to prove Legally Enforceable Debt u/s 138 of NI Act: AP HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Judgment-of-Civil-Court-Binding-on-Criminal-Court-Enforceable-Debt-NI-Act-AP-HC-taxscan.jpg "Judgment of Civil Court is Binding on Criminal Court to prove Legally Enforceable Debt u/s 138 of NI Act: AP HC [Read Order]")