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What is High Court Ruling on Cheque Bounce Case about?

This document summarizes a court case from the High Court of Punjab and Haryana regarding a petition challenging criminal proceedings under Section 138 of the Negotiable Instruments Act relating to a dishonored cheque. The petitioner argued that the criminal proceedings should be stayed based on Section 96 of the Insolvency and Bankruptcy Code, as the petitioner had filed for personal insolvency resolution. The court analyzed whether Section 96 would apply when the cheque was issued personally rather than f

Author

Saddhvi

Language

EN