Commentary on Law on Negotiable Instruments, 1st Updated Edition, 2024

Commentary on Law of Negotiable Instruments (1st Updated Edition, 2024) offers an in-depth and authoritative analysis of the Negotiable Instruments Act, 1881, a cornerstone of India’s commercial and banking law framework. The book explains the legal principles governing promissory notes, bills of exchange, and cheques, with particular emphasis on criminal liability arising from cheque dishonour under Section 138. This updated edition incorporates recent statutory amendments, landmark Supreme Court and High Court judgments, and procedural developments impacting prosecution and defence under the NI Act. Each provision is examined section-wise with clear explanations, practical illustrations, and references to leading case law, making complex legal concepts accessible and actionable. Special attention is given to issues such as issuance and presentation of cheques, limitation, notice requirements, presumptions under the Act, compounding of offences, summary trials, and sentencing trends. The commentary bridges the gap between theory and practice, helping readers understand both substantive rights and procedural strategies. Designed as a reliable reference for day-to-day legal work, this book is equally valuable for academic study and courtroom application. It stands as a concise yet comprehensive resource on negotiable instruments law in India.