Supreme Court of India · 2014-01-21
Indian Bank Association & Ors vs Union Of India & Anr
- Court
- Supreme Court of India
- Petitioner
- Indian Bank Association & Ors
- Respondent
- Union Of India & Anr
- Author
- K.S. Radhakrishnan
- Bench
- Vikramajit Sen, K.S. Radhakrishnan
Judgment text excerpt
The Supreme Court, while adjudicating a Writ Petition under Article 32, emphasized the need for uniform guidelines for the summary trial of complaints under Section 138 of the Negotiable Instruments Act, 1881, in conjunction with Sections 261 to 265 of the Criminal Procedure Code, 1973. The Court recognized the delays in the disposal of such cases as detrimental to the banking industry and public trust, and directed the establishment of a framework to expedite these proceedings. The Court's holding mandates compliance with the proposed guidelines to ensure timely resolution of cheque dishonor cases, thereby reinforcing the legislative intent behind the amendments to the Negotiable Instruments Act.