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Promulgation of THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ORDINANCE 2015 by the President of India - Now court jurisdiction will be as per city where payee s branch is located.

Promulgation of THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ORDINANCE, 2015 by the President of India - Now court jurisdiction will be as per city where payee s branch is located. - Dated:- 17-6-2015 - MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 15th June, 2015 THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ORDINANCE, 2015 NO. 6 OF 2015 Promulgated by the President in the Sixty-sixth Year of the Republic of India. An Ordinance further to amend the Negotiable Instruments Act, 1881. WHE .....

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This Ordinance may be called the Negotiable Instruments (Amendment) Ordinance, 2015. (2) It shall come into force at once. Amendment of section 6. 2. In the Negotiable Instruments Act,1881 (26 of 1881)(hereinafter referred to as the principal Act), in section 6,- (i) in Explanation I, for clause (a), the following clause shall be substituted, namely:- (a) a cheque in the electronic form means a cheque drawn in electronic form by using any computer resource and signed in a secure system with digi .....

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). . Amendment of section 142. 3. In the principal Act, section 142 shall be numbered as sub-section (1) thereof and after sub-section (1) as so numbered, the following sub-section shall be inserted, namely:- (2) The offence under section 138 shall be inquired into and tried only by a court within whose local jurisdiction,- (a) if the cheque is delivered for collection through an account, the branch of the bank where the payee or holder in due course, as the case may be, maintains the account, i .....

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y be, maintains the account. . Validation for transfer of pending cases. 4. In the principal Act, after section 142, the following section shall be inserted, namely:- 142A. (1) Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974.) or any judgment, decree, order or directions of any court, all cases arising out of section 138 which were pending in any court, whether filed before it, or transferred to it, before the commencement of the Negotiable Instruments (Amen .....

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