Supreme Court’s Important Decision in Cheque Bounce Case, Now you will Not have to go to Court in Case of Cheque Bounce.
Cheque Bounce Case : People who make payments through cheques often face major problems when the cheque gets bounced. Now, the Supreme Court has delivered an important judgment regarding cheque bounce cases, giving significant relief to cheque users. With this new decision, people will no longer need to frequently visit courts for such cases. Let’s understand what the Supreme Court has said.
Even in today’s era of online transactions, many people still prefer using cheques as an easy mode of payment. However, when a cheque gets bounced, it leads to confusion and legal troubles. Now, the Supreme Court has announced a crucial decision on cheque bounce matters.
This decision is important for everyone who uses cheques. When a cheque bounces, the person involved usually has to run from one court to another and face various issues. But now, they may get relief from such problems.
Supreme Court’s Advice
In its judgment, the Supreme Court gave important advice to the administration and lower courts regarding cheque bounce cases. The Court said that pending cheque bounce cases force people to visit courts repeatedly, which consumes a lot of time. Therefore, wherever possible, cheque bounce matters should be resolved quickly on the basis of settlement between the parties.
Conviction Cancelled on This Basis
The Supreme Court expressed concern over the large number of pending cheque bounce cases. While hearing one such case, a bench of two judges advised speedy disposal of all cheque bounce matters.
The Supreme Court cancelled the conviction of a person in a cheque bounce case because both parties had reached a settlement. The complainant had already received the agreed amount from the other party, so the Court decided to dismiss the sentence.
What Courts Should Focus On
The Supreme Court advised lower courts to pay attention to the quick disposal of pending cheque bounce matters. According to the Court, the focus should not only be on punishment but on resolving the dispute effectively. If both parties are willing, courts should encourage settlements and close the case at the earliest.
Why This Decision Is Being Discussed
The Supreme Court’s latest decision on cheque bounce cases is now a major topic of discussion. The Court said that this guidance can be very useful in resolving disputes related to promissory notes or cheque-related conflicts.
The Court emphasized that in cases that are capable of settlement, courts should try to resolve them quickly. Cheque bounce is considered a regulatory offence, and such cases can be settled based on mutual agreement as well.