Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Dishonour of Cheque - seeking leave of the Court to summon bank officials - The court found that the reason for dishonor of the cheques was 'payment stopped by the drawer' and not due to insufficient funds or exceeding arrangement. Both parties admitted to this fact. Therefore, the court concluded that there was no requirement to summon bank witnesses to prove this fact.
Dishonour of Cheque - seeking leave of the Court to summon bank officials - The court found that the reason for dishonor of the cheques was 'payment stopped by the drawer' and not due to insufficient funds or exceeding arrangement. Both parties admitted to this fact. Therefore, the court concluded that there was no requirement to summon bank witnesses to prove this fact.
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