Law Relating to the Negotiable Instruments Act (3rd Edition, 2025) by Ravi Raghunath Vachher is a thoroughly updated and authoritative commentary on the law governing negotiable instruments in India. Tailored to reflect the latest legal reforms—including the significant overhaul brought in by the Bharatiya Nyaya Sanhita, 2023 (which replaces the Indian Penal Code)—this edition provides a fresh and practical interpretation of the law applicable to instruments like cheques, promissory notes, and bills of exchange.
The author offers a structured, in-depth analysis of The Negotiable Instruments Act, 1881, incorporating:
A clause-by-clause explanation of all key provisions.
Extensive case law references, with emphasis on recent judgments from the Supreme Court and High Courts.
An overview of procedural mechanisms, especially those relating to Section 138 (cheque dishonour), which is a cornerstone of commercial litigation in India.
Insights into the interface between civil liability and criminal prosecution under the Act.
Coverage of the transitional impact of the repeal of IPC Section 420 and its re-enactment under new criminal codes.
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The book is structured into 51 systematically arranged chapters, covering the following key areas:
Historical Background: Provides context on the evolution of negotiable instruments law in India.
Statutory Provisions: Detailed analysis of the Negotiable Instruments Act, 1881, including definitions and classifications of instruments such as promissory notes, bills of exchange, and cheques.
Criminal Liability: Explores causes of criminal action and penalties for dishonour of cheques under the Act, with emphasis on Section 138 and related provisions.
Procedural Aspects: Guidance on filing complaints, abatement, entitlement to file a complaint, and defences under Section 138.
Special Topics: Discussion on inchoate or blank signed instruments, addition of accused, and other nuanced legal scenarios.
Each chapter includes:
Statutory Material: Verbatim text of relevant sections for reference.
Commentaries: Author's insights and interpretations to elucidate complex legal concepts.
Case Laws: Summaries and analyses of pertinent judgments from the Supreme Court and High Courts.
Practice Notes: Practical guidance for legal practitioners on procedural and substantive aspects.
This edition serves as a valuable resource for law students, legal practitioners, and researchers interested in the domain of negotiable instruments and related criminal law provisions.
| Ravi Raghunath Vachher Law Relating To The Negotiable Instruments Act |
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