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A legal-themed image featuring a judge’s gavel, a document labeled 'Section 138 NI Act,' and a dishonored cheque with a 'Bounced' stamp. The background includes a faint Supreme Court building, symbolizing judicial proceedings.

A legal-themed image featuring a judge’s gavel, a document labeled 'Section 138 NI Act,' and a dishonored cheque with a 'Bounced' stamp. The background includes a faint Supreme Court building, symbolizing judicial proceedings.

Section 138 NI Act Proceedings Cannot Continue Against Ex-Director Post Moratorium: Supreme Court

Introduction The Supreme Court of India has ruled that criminal proceedings under Section 138 of the Negotiable Instruments Act, 1881 (NI...

Mar 263 min read

A judge's gavel, legal books, and documents on a wooden desk in a law office, symbolizing the legal aspects of Section 141 NI Act.

A judge's gavel, legal books, and documents on a wooden desk in a law office, symbolizing the legal aspects of Section 141 NI Act.

SC: Non-Executive Directors Not Liable for Cheque Dishonour (Section 141 NI Act) Without Direct Involvement

Case Overview: K. S. Mehta vs. M/s Morgan Securities and Credits Pvt. Ltd. (2025) The Supreme Court of India has reiterated that...

Mar 183 min read

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