Unit IV · Law of Banking and Negotiable Instruments
| Act / instrument | Section | Name |
|---|---|---|
| Negotiable Instruments Act, 1881 | 138 proviso | Presentation, notice and fifteen days for payment |
| Negotiable Instruments Act, 1881 | 142(2) | Territorial jurisdiction after the 2015 amendment |
| Negotiable Instruments Act, 1881 | 148 | Power of appellate court to order deposit pending appeal |
(2014) 9 SCC 129 · Supreme Court of India
The Court located territorial jurisdiction for section 138 at the place where the drawee bank returned the cheque (later modified by the 2015 amendment to section 142(2)).
(2013) 1 SCC 586 · Supreme Court of India
Successive presentations and a later notice can furnish a fresh cause of action so long as the cheque remains valid and the other ingredients are met.
(2016) 2 SCC 75 · Supreme Court of India
After the 2015 amendment, the court where the payee's bank branch is situated has jurisdiction to try a section 138 complaint.