SC’s Modified Guidelines on Compounding of Cheque Bounce Cases
The supreme Court, in Sanjabij Tari v. Kishore S Borcar & Anr. [2025 INSC 1158], observed that a very large number of cheque bouncing cases are pending and interest rates have fallen in the last few years.
Therefore, the Supreme Court modified the guidelines of compounding cheque dishonour cases issued fifteen years ago in Damodar S. Prabhu vs. Sayed Babalal H. [AIR 2010 SC 1907].