THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ACT, 2015

THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ACT, 2015
NO. 26 OF 2015
[26th December, 2015.]
An Act further to amend the Negotiable Instruments Act, 1881.
BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows:—
1. (1) This Act may be called the Negotiable Instruments (Amendment) Act, 2015.
(2) It shall be deemed to have come into force on the 15th day of June, 2015.
2. In the Negotiable Instruments Act, 1881 (hereinafter referred to as the
principal Act), in section 6,—
(i) in Explanation I, for clause (a), the following clause shall be substituted,
namely:—
‘(a) “a cheque in the electronic form” means a cheque drawn in electronic
form by using any computer resource and signed in a secure system with digital
signature (with or without biometrics signature) and asymmetric crypto system
or with electronic signature, as the case may be;’;
Short title and
commencement.
Amendment
of section 6.
26 of 1881.
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EXTRAORDINARY
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PART II — Section 1
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No. 41] NEW DELHI, TUESDAY, DECEMBER 29, 2015/PAUSHA 8, 1937 (SAKA)
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Separate paging is given to this Part in order that it may be filed as a separate compilation.
REGISTERED NO. DL—(N)04/0007/2003—15
MINISTRY OF LAW AND JUSTICE
(Legislative Department)
New Delhi, the 29th December, 2015/Pausha 8, 1937 (Saka)
The following Act of Parliament received the assent of the President on the
26th December, 2015, and is hereby published for general information:—
2 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—
Amendment
of section
142.
21 of 2000.
Insertion of
new section
142A.
Validation for
transfer of
pending cases.
2 of 1974.
(ii) after Explanation II, the following Explanation shall be inserted,
namely:—
‘Explanation III.—For the purposes of this section, the expressions
“asymmetric crypto system”, “computer resource”, “digital signature”, “electronic
form” and “electronic signature” shall have the same meanings respectively
assigned to them in the Information Technology Act, 2000.’.
3. In the principal Act, section 142 shall be numbered as sub-section (1) thereof
and after sub-section (1) as so numbered, the following sub-section shall be inserted,
namely:—
“(2) The offence under section 138 shall be inquired into and tried only by a
court within whose local jurisdiction,—
(a) if the cheque is delivered for collection through an account, the branch
of the bank where the payee or holder in due course, as the case may be, maintains
the account, is situated; or
(b) if the cheque is presented for payment by the payee or holder in due
course, otherwise through an account, the branch of the drawee bank where the
drawer maintains the account, is situated.
Explanation.— For the purposes of clause (a), where a cheque is delivered
for collection at any branch of the bank of the payee or holder in due course,
then, the cheque shall be deemed to have been delivered to the branch of the
bank in which the payee or holder in due course, as the case may be, maintains
the account.”.
4. In the principal Act, after section 142, the following section shall be inserted,
namely:—
“142A. (1) Notwithstanding anything contained in the Code of Criminal
Procedure, 1973 or any judgment, decree, order or direction of any court, all cases
transferred to the court having jurisdiction under sub-section (2) of section 142, as
amended by the Negotiable Instruments (Amendment) Ordinance, 2015, shall be deemed
to have been transferred under this Act, as if that sub-section had been in force at all
material times.
(2) Notwithstanding anything contained in sub-section (2) of section 142 or
sub-section (1), where the payee or the holder in due course, as the case may be, has
filed a complaint against the drawer of a cheque in the court having jurisdiction under
sub-section (2) of section 142 or the case has been transferred to that court under
sub-section (1) and such complaint is pending in that court, all subsequent complaints
arising out of section 138 against the same drawer shall be filed before the same court
irrespective of whether those cheques were delivered for collection or presented for
payment within the territorial jurisdiction of that court.
(3) If, on the date of the commencement of the Negotiable Instruments
(Amendment) Act, 2015, more than one prosecution filed by the same payee or holder
in due course, as the case may be, against the same drawer of cheques is pending
before different courts, upon the said fact having been brought to the notice of the
court, such court shall transfer the case to the court having jurisdiction under
sub-section (2) of section 142, as amended by the Negotiable Instruments (Amendment)
Ordinance, 2015, before which the first case was filed and is pending, as if that
sub-section had been in force at all material times.
SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 3
5. (1) The Negotiable Instruments (Amendment) Second Ordinance, 2015, is hereby
repealed.
(2) Notwithstanding such repeal, anything done or any action taken under the principal
Act, as amended by the said Ordinance, shall be deemed to have been done or taken under
the corresponding provisions of the principal Act, as amended by this Act.
————
DR. G. NARAYANA RAJU,
Secretary to the Govt. of India.
Repeal and
savings.
Ord. 7 of
2015.
PRINTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI
AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI—2015.
GMGIPMRND—3972GI(S3)—29-12-2015.

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