News & Media 23rd Mar 2026

SC panel,govt to meet as cheque bounce cases swamp courts

Authors

Mukesh ChandSenior Counsel | Mumbai

Latest Thought Leadership

Alerts & Updates 7th May 2026

Clarification on Registration Requirements under the OSHWC Code, 2020 vis-à-vis the Maharashtra Shops and Establishments Act, 2017

Read More
Investment Funds
Alerts & Updates 7th May 2026

SEBI Introduces Fast-Track Mechanism for Processing of AIFs’ Placement Memorandums

Read More
Restructuring and Bankruptcy
News & Media 6th May 2026

Can firms withhold payments to sanctioned supplies without facing insolvency?

Read More
Newsletter/Booklets 6th May 2026

Capital Markets Newsletter: April 2026

Read More

Our Partner, Mukesh Chand shares his insight in Mint, “SC panel,govt to meet as cheque bounce cases swamp courts.”

He highlights that Section 138, introduced in 1988 to strengthen cheque credibility by attaching criminal consequences to dishonour of cheques, has not delivered the intended deterrence. With over 8.2 million pending cases, the issue reflects systemic congestion rather than improvement. He further highlighted that many such cases arise from loan or commercial defaults, which are essentially civil in nature but are pursued as criminal offences—leading to multiplicity alongside SARFAESI/DRT/civil proceedings and significantly burdening the legal system.

Read the article here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.