banking & finance

Cheque Bounce & Meters Instruments Judgment

The cheque is an important safe instrument for commercial transaction however in wake of fraud by debtors have caused jurisprudence to protect the interest of creditors from time to time. Meters Instruments is another such step,

Supreme Court

Cheque should not be an instrument to defraud creditors and therefore a need for strong cheque bounce case law and a need to treat it as the criminal offense. Cheque bounce cases are not only in news in wake of pendency of litigation docket but also need for expediting the process of justice before the court. Hence the present Meters Instruments Judgment relooks at ways of expediting the trial.

cheque bounce cases

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