For the majority of us, life has gotten easier with the introduction of the digital payment system. Transactions in banking are becoming quicker and easier. However, many people still prefer to conduct financial transactions with cheques. Cheques have long been seen as a secure way to send money and make purchases. Nevertheless, there is a …
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Financial transactions have become essential in both business and personal interactions in today’s fast-paced economic environment. Cheques are a popular means of financial exchange because they act as a guarantee of payment. However, disagreements and strained relationships can result from cheque bounces, which occur when a cheque is not honoured for various reasons, such as …
In India, cheque bounce is a frequent problem that has long affected both businesses and individuals. To address this issue, the Indian government has nevertheless made some notable moves. To address cases of cheques being bounced, the government introduced the Negotiable Instruments Act, 1881. Cheque Bounce Case: About Who Can File a Cheque Bounce Case? Cheque Bounce …
Intellectual property law is concerned with laws that protect and defend the rights of creators and owners of inventions, writings, music, drawings, and other works known as “intellectual property.” Intellectual property encompasses various domains, including copyright, trademarks, patents, and trade secrets. An intellectual property attorney is responsible for safeguarding intellectual properties. Responsibilities may include, Advising …
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Corporate law refers to the laws governing a corporation’s life cycle, which includes its formation, ownership, governance, funding, and closure. Corporate law governs how investors, employees, corporations, creditors, shareholders, directors, and other stakeholders (such as the community, customers, and the environment) interact with one another. Corporate law is the study of legal practices that apply …
The law pertaining to cheques being dishonoured is known as the Negotiable Instrument Act, of 1881, or N.I. Act. A bill of exchange drawn on a designated banker and payable on demand is what the Act defines as a “cheque” for the purposes of Section 6. Section 138 of NI Act 1881 states that dishonouring cheques carries …
The idea of a bounced cheque and how it affects your bank accounts’ financial records is not foreign to you. When a cheque bounces, people are more likely to become victims of it and become caught in a vicious cycle of needing help from a bank, during which time the person who wrote the cheque is held responsible …
High Courts have the authority to grant directions, orders, or writs, including prohibitions, quo warranto, certiorari, mandamus, and habeas corpus writs, to any person or authority, including the Government in appropriate cases, within the territories over which they have jurisdiction. These writs may be used to enforce any of the rights guaranteed by the Indian …
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The High Court can quash a FIR if it believes the person is innocent and has been falsely implicated. A High Court can overturn the FIR because it is a false case and order the police to release the aggrieved person if he has been arrested. Legal Provision Section 482 of the Code of Criminal …
Matrimonial Disputes refer to disputes between husband and wife or between spouses. It can result in divorce, nullity of marriage, maintenance for wife and child, custody or guardianship of child, judicial separation, permanent alimony, settlement, and other outcomes. Legal provision Section 482 of the Code is a saving clause that declares the High Court’s inherent …
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