Cheque Bounce Liability Continues Despite IBC Liquidation Under Section 138 NI Act: Supreme Court
New Delhi, May 2 (KNN) The Supreme Court has dismissed a Special Leave Petition challenging a Bombay High Court ruling that criminal liability under cheque bounce law continues even after liquidation proceedings under the Insolvency and Bankruptcy Code (IBC), 2016. A Bench of Justices B.V. Nagarathna and Ujjal Bhuyan declined to interfere with the High…

