Thursday 15 July 2021

Negotiable Instruments Act, 1881, (“Act”) - Territorial Jurisdiction - If the cheque is delivered for collection through an account- Apex Court Judgment

 The Hon’ble Supreme Court of India in M/S Himalaya Self Farming Group Vs. M/S Goyal Feed Suppliers [Transfer Petition Criminal No. 273 of 2020] held that the court within whose jurisdiction the branch of the bank where payee maintains the account is situated, will have jurisdiction to try the offence under the Negotiable Instruments Act, 1881, (“Act”) if the cheque is delivered for collection through an account.

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