Avtar Singh's Banking and Negotiable Instruments

Avtar Singh's Banking and Negotiable Instruments, a trusted classic has been comprehensively revised to reflect the significant legislative and judicial developments in banking and negotiable instruments law since the previous edition. It retains the clarity and analytical approach that have long defined the work, while bringing the text in line with the law as it stands today.

The new edition revised by Dr Garima Gupta and Mr Varun Malik integrates important statutory amendments and recent case laws. The new edition responds to the considerable evolution of banking and commercial law in recent years. From changes in banking regulation and consumer protection to developments in debt recovery, security enforcement, insolvency and cheque dishonour, the text brings together the statutory and judicial developments that practitioners and students need to understand.

Particular emphasis has been placed on integrating recent case law into the existing framework, enabling readers to appreciate not only the current position of law but also the principles through which it has developed.

Key Features:

1. Updated since the 2018 edition with major legislative and judicial developments.
2. Banking Regulation Act, 1949, updated with the 2020 and 2025 amendments.
3. Recent Supreme Court jurisprudence on banking regulation, consumer protection, and bank-customer relationships.
4. Recast treatment of debt recovery and security enforcement, with separate chapters on the Recovery of Debts and Bankruptcy Act, 1993 and SARFAESI Act, 2002.
5. Finance Act, 2021 amendments and the evolving IBC interface incorporated.
6. Updated law on cheque dishonour, including developments following the 2015 and 2018 amendments to the Negotiable Instruments Act, 1881.
7. Landmark decisions on interim compensation, territorial jurisdiction, and payment pending appeal.
8. Reorganised presentation of cheque dishonour provisions for greater clarity.
9. Recent precedents across the Negotiable Instruments Act incorporated.
10. Clear, analytical exposition retaining the distinctive approach of Prof. Avtar Singh.

The book is intended for law students, advocates, judges, academics, banking professionals and researchers, serving both as a foundational text and practical reference. This edition combines the enduring clarity of Prof. Avtar Singh's work with a contemporary account of banking and negotiable instruments law in India.

Preface
About the Author
Table of Cases
Part I: LAW OF BANKING
1. Evolution and Types of Banks
2. Banks and Banking Business: Banking Regulation Act, 1949
3. Customers and Accounts
4. Responsibility under the Consumer Protection Act
Part II: DRT AND SARFAESI
5. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
6. Recovery of Debts and Bankruptcy Act, 1993
Part III: NEGOTIABLE INSTRUMENTS
7. Negotiable Instruments
8. Negotiation and Liability
9. Presentment
10. Dishonour of Cheques
11. Discharge from Liability
12. Crossed Cheques
13. Miscellaneous Provisions
Subject Index