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Negotiable instruments law Video

Ch 14-1 Negotiable Instruments negotiable instruments law

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Kanchan Mehta Subramanium Sethuraman v. Mathew v. Joseph v. Rooplal Jindal and Others.

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Section deals with the presumption in favour of the holder that the cheque received was for the discharge, in whole or in part, of any debt or other visit web page. The negotiable instruments law was later referred to a larger Bench. Section jegotiable the court to try complaints filed under Section of the Act summarily, notwithstanding anything contained in the Code of Criminal Procedure, the Code. The section also stipulates that an endeavour be made to conclude the trial within six negotiabke from the date of filing of the complaint. Also, the punishment was enhanced from one year to two years. Based on responses received from the State Governments and Union Territories, Amici Curiae identified seven major issues as under:. In suitable cases, the Magistrate can restrict the inquiry to examination of documents without insisting for examination of witnesses.

Any other issue relating to expeditious disposal of complaints under Section of the Act shall also be negotiable instruments law by the Committee.

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