Should cheque-bouncing be a crime? Issues and consequences

It has been estimated that about 30% of criminal cases in Indian courts are either cheque bouncing or traffic offences. The government has now proposed to amend the Negotiable Instruments Act (N.I. Act) to decriminalise the offence of bouncing cheques (called `138 N.I.' in legal circles) (See here). This move is aimed a decongesting the... Continue Reading →

Can’t bank on it

This article was co-authored by me, and appeared in the Indian Express on June 4, 2013. The original may be found here. According to a recent press release by the Reserve Bank of India, its board met in early May. This was the first board meeting after the Cobrapost exposé, revealing widespread failure by banks... Continue Reading →

Blog at

Up ↑

%d bloggers like this: