Vikas Dutta On January 2 this year, the Negotiable Instruments (Amendment) Bill, 2017 was introduced in Parliament and is currently pending before the Lok Sabha. This proposed amendment is an attempt to discourage delays caused by seeking trial and filing of appeals without merit. Many a time, such meritless challenges cause further financial constraints on a person who is seeking remedy against dishonoured cheques. To address these issues, there is a proposal to add two additional sections to the Negotiable Instruments Act, 1881. This article is an attempt to evaluate recent developments and the proposed amendments to the Act. Besides, […]
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