Now Applicability of Moratorium Under Insolvency Means Stay on Cheque Bounce Proceedings

The Madras High Court in a recent Judgment in M/s Nag Leather Pvt. Ltd. V. M/s Muzain Hides reiterated the observations made by Hon’ble Apex Court in P. Mohanraj Mohanraj and Ors. V. Shah Brothers Ispat, held that upon imposition of Moratorium under Section 14 of Insolvency And Bankruptcy Code (the Code), proceedings under Section […]

Section 27 Of the General Clauses Act would be applicable on service of Demand Notice U/S 138 of the Negotiable Instrument Act

An article by Ms. Mansi Indurkar third-year law student of National Law University, Odisha Recently, Tripura High Court has held that the part of the payee is over once the demand has been issued as given under the Negotiable Instruments Act, 1881, is sent by post to the correct address in the event of dishonor […]