Legal Question in Credit and Debt Law in India

13.06.2015

Dear Sir / Madam,

In the principal Act, section 142 shall be numbered as sub-section (1) thereof and

after sub-section (1) as so numbered, the following sub-section shall be inserted, namely:�

�(2) The offence under section 138 shall be inquired into and tried only by a

court within whose local jurisdiction the bank branch of the payee, where the payee

presents the cheque for payment, is situated.�.

Please refer the following link for full details :

http://www.prsindia.org/uploads/media/Negotiable instrument/Negotiable instruments bill.pdf

Regards,