REPORT WITH OBJECTION AGAINST DECRIMINALIZATION OF SECTION 138 UNDER NEGOTIABLE INSTRUMENTS ACT 1881 BY S.PRABAKARAN SENIOR ADVOCATE CO-CHAIRMAN, BAR COUNCIL OF INDIA  Upon Decriminalization of Section 138 and 143(1) of Negotiable Instruments Act 1881, the entire scheme and purpose of the Negotiable Instruments act and its subsequent amendment for the purpose of using cheque as an instrument shall stand frustrated such a stand will demoralize the usage of Cheque as a negotiable instrument across all sectors.

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