The Nation Newspaper

CBN, ICPC, others seek amendments on Dishonoured Cheques Act

The Central Bank of Nigeria (CBN) and the Independent Corrupt Practices and Related Offences Commission (ICPC), are canvassing for amendments to the Dishonoured Cheques (Offences) Act 44 of 1977. Both ...
LiveLaw

S. 138 NI Act | Joint Account Holder Who Hasn't Signed Bounced Cheque Can't Be Prosecuted: Allahabad High Court

In a case pertaining to dishonour of a cheque, the Allahabad High Court recently reiterated that a joint account holder who ...

Can you go to jail for cheque bounce? Section 138 explained

Can a cheque bounce land you in jail? Check what Section 138 of the Negotiable Instruments Act covers: the legal process, penalties, and how to protect yourself.
The Nation Newspaper

CBN bans dud cheque issuers from clearing, loan access

The Central Bank of Nigeria (CBN) yesterday mandated commercial banks to ban any of their customers that issues dud cheques from use of the clearing system for a period of five years. CBN Director, ...
LiveLaw

Criminal Liability Under NI Act Cannot Be Inherited: Calcutta High Court Quashes Cheque Bounce Case Against Deceased Drawer's Brother

The Calcutta High Court has held that criminal liability under Section 138 of the Negotiable Instruments Act is strictly ...