Tag: Judgements on Section 143-A and 148 of the Negotiable Instruments Act
June 8, 2019
Corporate Law
Corporate Law
Negotiable Instruments (Amendment) Act, 2018- Retrospec...
In one of our Articles published in September-Amendments to the Negotiable Instruments Act, we discussed the amendments that were brought to the Negotiable Instruments Act, 1881 ("Act") with an intention of amending the law related to promissory notes, bills of exchange and cheques. The Act has been amended time and again to ensure and enhance trust in negotiable instruments. With an aim to further streamline theAct, the Central Government incorporated Sections 143-A and 148 vide Negotiable Instruments (Amendment) Act, 2018 ("Amended Act"). These new sets of provisions have been effective since 1st September 2018....