ni act - Legal Vidhiya

KINDS OF NEGOTIABLE INSTRUMENTS

This article is written by Ayni Saad, A student of 2nd Year, Faculty of Law, University of Delhi, an intern under Legal Vidhiya “Nemo dat quod non habet” “Nemo dat quod non habet” is a Latin phrase that means “no one can give what they do not have.” This principle Read more…

By Admin, 2 yearsApril 17, 2023 ago

LEGAL NEWS

Supreme Court rules that insolvency resolution of a company will not extinguish director’s liability under Section 138 of the NI Act

The Supreme Court has ruled that the insolvency resolution of a company will not extinguish a director’s liability under Section 138 of the Negotiable Instruments (NI) Act. The ruling came in response to a case where a director of a company had issued a cheque that had bounced. The director Read more…

By Admin, 2 yearsMarch 18, 2023 ago