Courts should encourage settlement in cheque dishonour cases if parties are willing: Supreme Court

A large number of cases involving dishonour of cheques are pending before courts, which is a serious concern for our judicial system, the Court said.
Cheque Bouncing
Cheque Bouncing
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The Supreme Court recently urged courts to encourage compounding of cheque bouncing offences under the Negotiable Instruments Act, 1882 (NI Act), if parties are willing to do so [M/S New Win Export and Another v. A Subramaniam].

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