/, /, /, / It appears that Indian Banks' Association was negotiating Association & Ors. vs. Union of vs. Union of India, () 2 SCC , this Court has laid. Learned counsel for the petitioner has argued that in case of Indian Bank Association and others v. Union of India and others, () 5 SCC , it has been. Indian Bank Association v. Union of India AIR SC technologysurreal.us link technologysurreal.us link technologysurreal.us link *Not Printed Writ.
: Indian bank association vs union of india 2014
|ATTORNEY EMPLOYMENT LAW DALLAS||Popular Posts. Latest Posts. You are commenting using your Twitter account. The Petitioner banks being custodian of public funds find it difficult to expeditiously recover huge amount of public fund which are blocked in cases pending Under Section of the Negotiable Instruments Act, If the summons is received back un-served, immediate follow up action be taken.|
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Indian bank association vs union of india 2014 -Many of the directions given by the various High Courts, are worthy of emulation by the Criminal Courts all over the country dealing with cases under Section of the Negotiable Instruments Act, for which the following directions are being given. Go to AapkaConsulant. If an affidavit in terms of the provisions of Section of the Act is to be considered to be an evidence, it is difficult to comprehend as to why the court will ask the deponent of the said affidavit to examine himself with regard to the contents thereof once over again. Undoubtedly, dishonour of a cheque by the bank causes incalculable loss, injury and inconvenience to the payee and the entire credibility of the business transactions within and outside the country suffers a serious setback. Section lays down the procedure for summary trial and Sub-section 1 thereof inter alia prescribes that in summary trials the procedure specified in the Code for the trial of summons case shall be followed subject to the condition that no sentence of imprisonment for a term exceeding three months is passed in case of any conviction under the chapter. By continuing to use this website, you agree to their use. Cheque, though acknowledged as a bill of exchange under the Negotiable Instruments Act and readily accepted in lieu of payment of money and is negotiable, the fact remains that the cheque as a negotiable instrument started losing its credibility by not being honoured on presentation. Section of the Negotiable Instruments Act,is given below for easy reference:. How to use Electronic Evidence indian bank association vs union of india 2014 Court January 19, Section 35AD Deduction towards expenditure on specified business. If an affidavit in terms of the provisions of Section of the Act is to be considered to be an evidence, it is difficult to comprehend as to why the court will ask the deponent of the said affidavit to examine himself with regard to the contents thereof once over again. How to use Electronic Evidence in Court. We have indicated, Sections to of the Act were found to be deficient in dealing with the dishonoured cheques. Sayed Babalal H.
Indian bank association vs union of india 2014 -Summons must be properly addressed and sent by post as well as by e-mail address got from the complainant. Court, in appropriate cases, may take the assistance of the police or the nearby Court to serve notice to the accused. Summons must be properly addressed and sent by post as well as by e-mail address got from the complainant. Aapka Consultant -. Affidavit and the documents filed by the complainant along with complaint for taking cognizance of the offence are good enough to be read in evidence at both the stages i. Uday Patel says:.
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Thank you for your kind words, Vivek :)
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