SC orders constitution of special court for cheque bounce cases
The top court incorporated the suggestion of the amicus curiae that five districts in each of the above States, where cases under the NI Act are high, can be selected and one court in each such district be established.
Supreme Court rejects RCFL lenders’ early hearing pleaThe lenders had filed a praecipe, a request for pre-emptive action. RCFL owes creditors led by Bank of Baroda more than Rs 9,000 crore.
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