It is common that cheques are sometimes bounced as the Bank on which the cheque has been drawn has merged with some other bank and the cheque of the merged bank ceases to be a legal tender. A q...
Of Penalties In Case Of Dishonour Of Certain Cheques For Insufficiency Of Funds In The Accounts Introduction: Law of Dishonour of Cheques: Ss. 138 to 142 by Act of 1988 Ss. 143 to 147 by Ac...
The Insolvency and Bankruptcy Code, 2016 ("IBC") is a landmark legislation that was introduced in India to provide a consolidated and time-bound mechanism for resolving insolvency and bankruptc...
The research paper titled "Challenges Faced by Debt Recovery Tribunals (DRTs) : An In-depth Analysis" aims to provide a comprehensive examination of the significant challenges encount...
In the realm of debt financing, the securitization of immovable property—primarily land and buildings—through mortgages forms a cornerstone of lenders' risk mitigation strategies. This prac...
Life doesn't always go as planned, especially when it comes to money. Maybe you took out a loan with every intention of paying it back on time, but then things took a turn—job loss, a medical...
In this digital era , where the most of the payments being made digitally, through UPI or Net Banking, it is still a norm in many situations to make payments via specific instruments such as ch...
Section 139 of the Negotiable Instruments Act, 1881 (NI Act), serves as a cornerstone in ensuring the credibility and reliability of negotiable instruments, particularly cheques. This provision...
The Negotiable Instruments Act, 1881 (NI Act) is a cornerstone of Indian commercial law, governing negotiable instruments such as cheques, promissory notes, and bills of exchange. Section 139 o...
The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 (SARFEASI Act) stands as important legislative measures that aims to address the issue of...