Law of Negotiable Instruments & Dishonour of Cheques by Justice P.S. Narayana is a comprehensive and authoritative commentary on the Negotiable Instruments Act, 1881, with special emphasis on cheque dishonour litigation. Updated to reflect the Negotiable Instruments (Amendment) Act, 2018, the book addresses contemporary developments including provisions relating to interim compensation and deposit during appeal.
The text systematically explains core concepts such as promissory notes, bills of exchange, and cheques, along with detailed analysis of Sections 138 to 147 dealing with criminal liability for dishonour of cheques. It examines statutory notice requirements, limitation periods, jurisdictional aspects, presumptions under Sections 118 and 139, vicarious liability of directors, compounding of offences, and sentencing principles.
Incorporating extensive Supreme Court and High Court judgments, the commentary provides clarity on procedural intricacies and evolving judicial interpretations. The analytical approach ensures a strong balance between statutory provisions and practical courtroom application.
Published by Asia Law House, this edition serves as an indispensable reference for trial advocates, judicial officers, corporate legal advisors, banking professionals, and law students. Clear, updated, and practice-oriented, the book remains a trusted guide for navigating cheque bounce litigation and negotiable instruments law in India.








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