IMPACT OF THE 2018 AMENDMENT TO THE NI ACT ON CHEQUE BOUNCE CASES
INTRODUCTION Cheques are one of the most extensively used instruments of payment. There are three parties to a cheque –…
Legal Recourse for Frozen Bank Accounts in India: Remedies & Solution
Introduction In India, the freezing of a bank account can lead to severe financial difficulties for individuals or businesses. Accounts…
The Negotiable Instruments Act, 1881: An Overview
Introduction The Negotiable Instruments Act, 1881 (NIA) is a cornerstone of Indian commercial law, regulating the use and legal framework…
Bridging the Chasm between Legal Aid and Lok Aadalat as Pillars of Access to Justice in India
The Indian legal system aspires to be a majestic edifice, its pillars upholding the ideals of equality before law and…
Understanding the Insolvency and Bankruptcy Code (IBC) in India
The Insolvency and Bankruptcy Code (IBC) of India, enacted in 2016, represents a landmark reform aimed at overhauling the existing…
UNDERSTANDING THE PAYMENT AND SETTLEMENT SYSTEMS ACT,2007
INTRODUCTION India has a diverse range of payment systems, including traditional and electronic/digital methods. Traditional systems like cash payments, cheques,…
Electronic Cheques and Digital Transactions: The Future of the Negotiable Instruments Act, 1881
The Negotiable Instruments Act, 1881 (NI Act), has played a crucial role in defining the legal framework for cheques, promissory…
Vicarious Liability of Banks
Introduction: In recent years, cases of misconduct within financial institutions have raised significant legal questions regarding the liability of banks…
INDIA’S BIGGEST ACCOUNTING FRAUD:SATYAM COMPUTER SCAMS
The Satyam scandal, a major accounting fraud in India, unfolded in 2009, involving Satyam Computers, once a leading player in…
Building a Better Boardroom: The Role of IBC in Advancing Corporate Governance in India
Abstract: Corporate governance is a critical aspect of maintaining transparency, accountability, and efficiency within corporations. In India, the Insolvency and…