Provision Of 142 Section(latest Amendmnt) In Connection With 138 Of N I Act

Asked in Banking

  • J N Singh

Expert's Answers(2)

  • Kishan Dutt Kalaskar 40 years Exp (Retired Judge)

    Bengaluru Urban, Karnataka
      187 Client Ratings

    Dear Sir, If you abscond, nothing will happen except an NBW will be pending for your arrest and in your absence judgment will be pronounced and recovery warrant will also be issued and your properties will be attached. For details amended provision and examples please visit the following link https://www.legallyindia.com/Blogs/effect-of-the-negotiable-instruments-amendment-ordinance*Phone*of-2015

    January 20, 2018
  • Advocate N Karthikkanna

    Madurai, Tamil Nadu
      60 Client Ratings

    S.. meanwhile the jurisdiction of the cheque presented bank became the sole and absolute jurisdiction.. but now the legal position is changed.. however the jurisdiction of the complainant is favoured.. Hence the Mumbai jurisdiction, as already transfered, Stan's as absolute jurisdiction..

    January 20, 2018