Section 143A of Negotiable Instruments Act 'directory' not 'mandatory': Delhi High Court

The High Court set aside an order of the trial court that had awarded an interim compensation of around ₹26 lakh using the powers under Section 143A.
Cheque Bounce
Cheque Bounce

The Delhi High Court has held that Section 143A of the Negotiable Instruments Act, 1881 (NI Act) is a directory provision and not ‘mandatory’ [M/S JSB Cargo And Freight Forwarder Pvt Ltd v State and Anr].

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