Case Law Analysis
|Punjab and Haryana High Court
Section 138 NI Act | Mandatory Mediation at Earliest Stage in Cheque Bounce Cases: Punjab & Haryana HC
The Punjab & Haryana High Court has ruled that all pending and future cheque bounce cases under Section 138 of the Negotiable Instruments Act must be referred to mediation at the earliest stage, without requiring court permission for compounding. The Court clarified that such disputes are private in nature, with no state role, streamlining resolution for businesses and individuals.