Arbitration has become a well-sought-after dispute resolution mechanism due to its expedience, and finality. However, arbitration has not always been synonymous with speedy resolution.... Read more »
In Bijoy Kumar Moni vs. Paresh Manna & Anr., the Supreme Court clarified that for an offence under Section 138 of the Negotiable Instruments Act, 1881, the cheque must be drawn on an account maintained by the accused. It emphasized that an authorized signatory of a company cannot be considered the “drawer” of the cheque… Read more »