Nature of proceedings under NI Act - Proceedings under section ...
Section 138 NI Act Proceedings Are Penal, Not Civil, Focused on Penalizing Cheque Dishonor, Not Just Recovery.
June 22, 2012
Case Laws Companies Law SC
Nature of proceedings under NI Act - Proceedings under section 138 of the Act cannot be treated as civil suits for recovery of the cheque amount with interest. - SC
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