This blog delves into the provisions of Section 138 of the Negotiable Instrument Act, focusing on the concept of time-barred debt and its relationship with legally enforceable debt by analysing relevant case law...
Category - Negotiable Instrument Act
Perpetuity of pendency of litigation under section 138 of N.I. Act
In the Re. Expeditious Trial case, the Supreme Court observed that with each passing year, there is a rampant increase in the number of complaints filed under section 138. This coupled with the multiplicity of...