LexisNexis's Khergam Vala on The Negotiable Instruments Act, As Amended by the Negotiable Instruments (Amendment) Act, 2018 – 23rd Edition 2025

LexisNexis's Khergam Vala on The Negotiable Instruments Act – 23rd Edition 2025 is a definitive and authoritative commentary on the Negotiable Instruments Act, 1881, as comprehensively updated to include the latest judicial interpretations and practical applications, along with the provisions introduced by the Negotiable Instruments (Amendment) Act, 2018. This classic text, trusted by legal professionals, bankers, corporate counsels, and academicians for decades, continues to provide in-depth insights into the law governing promissory notes, bills of exchange, and cheques in India.

This latest edition incorporates all relevant statutory amendments, Supreme Court and High Court judgments, and practical developments impacting negotiable instruments. It provides a section-by-section analysis of the Act, explaining its scope, interpretation, and application in commercial transactions, with particular emphasis on cheque dishonour cases under Section 138 and related procedural and evidentiary issues.

Key Features:

• Complete Coverage of the Negotiable Instruments Act, 1881: Detailed commentary on each provision, including definitions, classification, and rules relating to promissory notes, bills of exchange, and cheques.

• Incorporation of the 2018 Amendment: Full analysis of the provisions introduced by the Negotiable Instruments (Amendment) Act, 2018, including interim compensation and provisions for speedy trial of cheque dishonour cases.

• Judicial Developments: Extensive coverage of important judgments from the Supreme Court and High Courts up to 2025, with summaries, interpretations, and their practical implications.

• Cheque Dishonour Litigation: Detailed discussion on offences under Section 138, procedural requirements, limitation periods, presumptions under Sections 118 and 139, defences available to the accused, and compounding of offences.

• Banking & Commercial Relevance: Insights into the role of negotiable instruments in commerce, banking operations, and dispute resolution.

• Procedural Guidance: Step-by-step explanation of filing, defending, and resolving cases under the Act, supported by specimen notices and pleadings.

• Comparative & International Perspectives: Brief notes on how negotiable instruments are treated in other common law jurisdictions.

• Practical Tools: Includes statutory text, case tables, and ready reference points for lawyers and corporate legal teams.

Why This Book is Essential:

• Authoritative Legal Commentary: Trusted for its scholarly depth and practical clarity for over two decades.

• Updated to 2025 Legal Standards: Reflects the latest legislative amendments, procedural guidelines, and judicial interpretations.

• Ideal for Multiple Stakeholders: Essential for legal practitioners, corporate counsels, bankers, finance professionals, and students of commercial law.

• Supports Effective Litigation & Advisory Work: Assists in drafting, strategizing, and arguing cases involving negotiable instruments with confidence.

• Combines Theory with Practice: Bridges academic analysis with practical application in courtrooms and commercial negotiations.

LexisNexis's Khergam Vala on The Negotiable Instruments Act, As Amended by the Negotiable Instruments (Amendment) Act, 2018 – 23rd Edition 2025 remains the most reliable guide to understanding and applying the law relating to negotiable instruments in India. Whether you are litigating a cheque dishonour case, advising a corporate client, or studying for legal examinations, this book offers the comprehensive coverage and practical tools needed for success.