Commercial Law India – Lawcutor

Supreme Court Acquits Accused in Cheque Bounce Case: Material Alteration of Cheque Voids Conviction

Background The appellant was convicted under Section 138 of the Negotiable Instruments Act, 1881 for dishonour of a cheque. The trial court held that the cheque was for ₹1,10,000. The…

Supreme Court Clarifies: DRT Recovery Certificate Not Equivalent to Decree for Issuing Insolvency Notice Under Presidency Towns Insolvency Act

The Supreme Court has held that a recovery certificate issued by a Debts Recovery Tribunal (DRT) under the Recovery of Debts and Bankruptcy Act, 1993 (pre-2016 amendment) cannot form the…

Supreme Court Dismisses Appeal for Late Production of Documents in Commercial Suit – Strict Adherence to CCA Timelines Reiterated

The Supreme Court upheld the rejection of an application to file additional documents at a belated stage, underscoring the Commercial Courts Act, 2015’s (CCA) emphasis on expeditious resolution of disputes.…