Current Legal Update

S.138 NI Act Compounding Costs Not Mandated by Damodar Prabhu Judgment Says Supreme Court

In India, millions of court cases are associated with one thing, namely bounced cheques. Section 138 of the Negotiable Instruments Act (NI Act) deals with this. Simply stated, it is a criminal act to write a cheque that is disgraced by the bank because of lack of funds. The law was established so as to establish confidence in business transactions and to ensure that a cheque would be considered a promise with serious allegations to pay.

Current Legal Update

Anil Ambani Seeks Delhi Court Injunction Against Economic Times for Defamatory Reports

The chairman of Reliance Group, Anil Ambani has initiated a huge legal tussle in a Delhi court against some of the leading media houses. He has sued the investigative news site Cobrapost and the large daily newspapers, The Economic Times, and The Times of India, on defamation claims. The plaintiff in the case also mentions Bennett Coleman and Company Limited (BCCL), the publisher of the two newspapers on the suit.

Current Legal Update

Supreme Court Orders BCI to Dissolve Delhi Bar Council, Sets January 31 Deadline for State Elections

The Supreme Court of India has made a strong order in a huge step to revive the democratic process in the Delhi Bar Council (BCD). The Supreme Court of the country has asked the Bar Council of India (BCI) to act with drastic action. The court has ordered that the present governing body of the Delhi Bar Council be dissolved that has been in existence over several years.