News Update… Supreme Court Acquits Accused in Cheque Bounce Case: Material Alteration of Cheque Voids Conviction 27 Jul 2026 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…
News Update… Supreme Court Holds That Authorized Signatory Made Front Face of Entity Becomes Drawer of Cheque Under Section 138 NI Act 7 Jun 20267 Jun 2026 The Supreme Court has observed that when the company authorizes a particular individual to sign, issue cheques on the company's behalf, including the responsibility of making a payment, then such…