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ARTICLE · 08 JULY 2020

Decriminalisation Of Cheque Bouncing

The statement released by Ministry of Finance on 8th June, 2020 has proposed to decriminalize a number of economic offences and one of such offences is the offence under Sec 138 of...

IndiaCriminal Law

The statement released by Ministry of Finance on 8th June, 2020 has proposed to decriminalize a number of economic offences and one of such offences is the offence under Sec 138 of Negotiable Instruments Act, 1881 for dishonor of cheque. The Ministry has invited comments of stakeholders latest by June 23, 2020 on the decriminalization of 19 legislations as proposed.

ESSENCE OF THE NOTIFICATION ISSUED

The uncertainty and tedious resolution of legal proceedings has disturbed the ease of doing business in the country. In order to resolve this issue of ambiguity and pendency of suits in all courts, the government is inclined towards having a balanced legislation. In the new legislation, the offences which are less serious in nature shall be compounded together and the criminals having a mala fide intention shall be punished as well.

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