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Legislation

Banking, Public Financial Institutions and Negotiable Instruments Laws (Amendment) Act, 1988

3 Supreme Court judgments cite this Act.

M/S. LAXMI DYECHEMversusSTATE OF GUJARAT & ORS.

2012 INSC 54627 November 2012Appeal(s) allowed

The appellant, a chemical supplier, filed forty complaints under Section 138 of the Negotiable Instruments Act alleging that the respondent company’s post‑dated cheques were dishonoured because the signatures did not match the specimen signatures on file. The High Court quashed the complaints, holding that a signature

INDIAN BANK ASSOCIATION AND OTHERSversusUNION OF INDIA AND OTHERS

2014 INSC 96321 April 2014Disposed off

The Indian Bank Association and other banking entities filed a writ petition under Article 32 seeking uniform guidelines for the trial of cheque‑dishonour cases under Section 138 of the Negotiable Instruments Act, 1881, alleging that despite the 2002 amendment (Sections 143‑147) courts were not following a uniform summ

GOAPLAST PVT. LTD.versusSHRI CHICO URSULA DSOUZA AND ANR.

2003 INSC 1537 March 2003Appeal(s) allowed

The appellant, Goaplast Pvt. Ltd., issued post‑dated cheques to the respondent and later instructed the drawee bank to stop payment before the dates on which the cheques became payable. The respondent filed a complaint under Section 138 of the Negotiable Instruments Act, 1881, which was dismissed by the lower courts on

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