Understanding Section 138 of the Negotiable Instruments Act: Seeking Your Feedback and Insights

Dear Friends,

I am attaching a PowerPoint presentation on Section 138 of the Negotiable Instruments Act. I have used it to provide a brief overview of what Section 138 of the Negotiable Instruments Act entails. I hope it will be useful for basic information on the topic. If anything is missing, please let me know. I am eagerly awaiting your replies, suggestions, and guidance.

Regards,
Vijyant Nigam

Dear Vijayant
Greetings!
Good Presentation.
You can add
Recent Case Law on Dishonour of Cheque
P. Mohan Babu vs D. Ramaswamy, (2001) – Imprisonment
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What is negotiable?
Negotiable means transferable
The negotiation that goes on refers to the transfer of the instrument between two people, or from one bank to another, or even from one country to another
What is an instrument?
In the broadest sense, almost any agreed-upon medium of exchange could be considered a negotiable instrument
In day-to-day banking, a negotiable instrument usually refers to cheque, drafts, bills of exchange, and some types of promissory notes
Rgds
John N

Friend,

It's a good knowledge-sharing. Thanks for sharing this presentation. Of course, this will help all of us to be safe from a legal point of view.

Regards,
P. Tripathi

Dear Neat PP Presentation,

What about the time limit for filing the complaint and procedure for its cognizance, which is the crucial part of the process? This is missed out.

With Regards,

V. Sounder Rajan

E-mail: rajanassociateslawfirm@yahoo.com, rajanassociates@eth.net, rajanassociateslawfrm@gmail.com

Dear sir,

Your PPT is very good. However, recently we have read in the newspapers that Stop Payment is out of the purview of Section 138 as ruled by the Honorable Supreme Court. This information has been published in the newspapers but has not been reported by any reporter.

Hi, Sir,

I want to know whether Demand draft comes under negotiable instrument or not? And will it come under the negotiable instrument act?

Regards,
Suresh.

Dear Friend,

Thanks for sharing this presentation; no doubt, this will help all of us. I had a problem like this, but I had given a signed check (account was closed) to my friend. I do not have any money transactions with him, but now some other person has sent me a court notice under sections 138 and 142. I am attaching the notice document for reference. What should I do now? Can I file a case? Please send your suggestions.

Warm regards, Umesh Chaudhary (welcomeumesh@yahoo.com)

I really appreciate the very good PowerPoint presentation. However, adding articles to sections 9, 10, 18, 65, 85, 89, and 131 would help in making and understanding section 138 better. Still, it is a very good presentation.

Regards,
Sanjay

Thank you, Vijayant, for providing one of the most comprehensive materials available on Section 138 on the internet. I truly appreciate you sharing such a valuable document with us online. Cheers and best wishes, Bala