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    <title>Promulgation of THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ORDINANCE, 2015 by the President of India - Now court jurisdiction will be as per city where payee&#039;s branch is located.</title>
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    <description>The Ordinance expands the definition of a cheque in the electronic form to include cheques created via computer resources authenticated by digital, electronic or asymmetric cryptographic signatures, aligns IT terminology with the Information Technology Act, and establishes branch-based venue for cheque-dishonour prosecutions tied to the payee&#039;s account branch or the drawee branch where the drawer holds an account; it further validates transfer and consolidation of pending prosecutions so subsequent or multiple complaints by the same payee against the same drawer are to be tried in the same court.</description>
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    <pubDate>Wed, 17 Jun 2015 10:48:36 +0530</pubDate>
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