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What is Section 138 NI Act: Key Legal Insights about?

This document summarizes three court cases related to Section 138 of the Negotiable Instruments Act in India: 1) Vijay Gopala Lohar v. Pandurang Ramchandra Ghorpade & Anr, 2019 addressed whether a notice under Section 138 must specify the cheque amount or could specify a broader loan amount. The Supreme Court ruled notices must specify only the cheque amount. 2) Shah Brothers Ispat Pvt. Ltd v. P. Mohanraj & Ors, 2018 concerned whether moratorium under the bankruptcy code applies to Section 138 proceeding

Author

Ayushi Verma

Language

EN