New law for cheque bounce
5 years ago
Article 143a(cheque bounce 20%)
Will it be applicable to the cases of before the passing of law???
ARPIT BATRA
Responded 5 years ago
A.No
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UKS
Responded 5 years ago
A.A bill titled “The Negotiable Instruments (Amendment) Bill, 2017” has been introduced before the Lok Sabha by Shri Arun Jaitley, Minister of Finance and Corporate Affairs on 2nd January 2018 to amend the Negotiable Instruments Act, 1881 and its provisions relating to the trial in a cheque bouncing case under Section 138 Negotiable Instruments Act. The bill has been passed during Jul 2018 by both houses.
The bill proposes to insert two new sections 143A and 148. The purpose of the said amendment is to safeguard the position of the complainant in such cases as there is a huge amount of pendency in the courts because of easy appeals that can be filed, and a stay order can be sought for the proceedings.
The bill proposes to insert two new sections 143A and 148. The purpose of the said amendment is to safeguard the position of the complainant in such cases as there is a huge amount of pendency in the courts because of easy appeals that can be filed, and a stay order can be sought for the proceedings.
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Deepak Yashwantrao Bade
Responded 5 years ago
A.Dear client if the previous cases which are not filed yet and Negotiable instrument Act is applicable then only 20% will be applicable.
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A.From the date of approval from the President it comes into effect.
A bill is placed first before the house of the people and after the same is passed by the house of the people the same is sent to Rayasabha . After passing by the Rajya Sabha the bill will be sent to the president of India for his assent . The president may give his assent or return the same with the present shape for reconsideration or modifying the same incorpating some suggestions . However after compliance the bill must be returned to the president for his assent.This time the president whatever the characters of the bill he has no other option left he shall have to give his assent .
A bill is placed first before the house of the people and after the same is passed by the house of the people the same is sent to Rayasabha . After passing by the Rajya Sabha the bill will be sent to the president of India for his assent . The president may give his assent or return the same with the present shape for reconsideration or modifying the same incorpating some suggestions . However after compliance the bill must be returned to the president for his assent.This time the president whatever the characters of the bill he has no other option left he shall have to give his assent .
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Rajender Prasad
Responded 5 years ago
A.if the previous cases which are not filed yet and NIA is applicable then only 20% will be applicable
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Rameshwar Dadhe
Responded 5 years ago
A.By advocate Rameshwor dadhe dear sir if summary trial is going on then it will be applicable.
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