Law of Negotiable Instruments and Dishonour of Cheques by P. S. Narayana provides a detailed and authoritative exposition of the Negotiable Instruments Act, 1881, focusing on the legal framework governing promissory notes, bills of exchange, and cheques. This updated edition incorporates recent legislative amendments, judicial pronouncements, and practical developments relating to the dishonour of cheques under Section 138 and related provisions. Written in a clear and analytical style, the book bridges statutory interpretation with procedural and evidentiary aspects, making it indispensable for students, academicians, and practitioners dealing with banking and commercial law.
Key Features:
- Exhaustive coverage of the Negotiable Instruments Act, 1881, including its scope, objectives, and practical application.
- Detailed treatment of promissory notes, bills of exchange, and cheques, with comparative analysis.
- Comprehensive explanation of Sections 138 to 147, dealing with dishonour of cheques, prosecution, and compounding of offences.
- Incorporates latest amendments, judicial decisions, and case law relevant to negotiable instruments and cheque dishonour.
- Discusses procedural aspects such as filing of complaints, evidence, defences, presumptions, and appellate remedies.
- Contains specimen formats, practical guidance, and interpretative notes useful for advocates and banking professionals.
- Structured for easy understanding with summaries, references, and case citations for academic and professional use.
- Updated as per 2026 legal developments, ensuring relevance to current judicial and banking practices.
This book is an essential resource for legal practitioners, judicial officers, banking and finance professionals, law students and academicians who require an in-depth understanding of the law relating to negotiable instruments and cheque dishonour.