N.I Act: Director cannot be prosecuted after his resignation.
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N.I Act: Director cannot be prosecuted after his resignation.
QUESTION OF LAW The important question that arises in this appeal is whether the institution or continuation of a proceeding under Section 138/141 of the Negotiable Instruments Act can be said to be covered by the moratorium provision, namely, Section 14 of the IBC [Insolvency and Bankruptcy Code, 2016]. INTERPRETATION OF SECTION 14 OF THE […]
Teo stands taken by the complainant defeats the complaint 13. It is clear from the above that the petitioner had specifically come up with two stands in the course of cross examination. The first stand is that the petitioner had an independent transaction with Sri Sai Baba Waste Paper Company and it was admitted by […]
Based on the above analysis of precedent, the following principles emerge: (i) Where the borrower agrees to repay the loan within a specified timeline and issues a cheque for security but defaults in repaying the loan within the timeline, the cheque matures for presentation. When the cheque is sought to be encashed by the debtor […]
Section 11 Evidence Act: Appreciation of plea of alibi.
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The most important reason of the trial court, as has been stated above, was' that, given the time of06:30…
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