Territorial Jurisdiction in N.I.Act cases

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In landmark verdict on point of jurisdiction, Hon'ble Bombay High Court after considering recent Full Bench judgment of Supreme Court of Dashrath Singh Rathod held that if cheques issued by Accused are "AT PAR", complaints u/s. 138 of NI Act can be filed where its dishonoured under principles of At Par Banking. So an AT PAR Cheque issued frm bank of Gujarat, deposited in Mumbai - will get dishoured in Mumbai only and hence Mumbai Court will have Jurisdiction to try matter Case Details - Writ Petition No. 2362 of 2014 Ramanbhai Mathurbhai Patel Vs Sharekhan Trading Ltd Quoram - HHJ Shri M. L. Tahaliyani #pdf

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