Breaking; Negotiable Instrument (Amendment) Second Ordinance 2015 promulgated with retrospective effect [Read Ordinance]

The President of India has promulgated the Negotiable Instrument (Amendment) Second Ordinance 2015 with retrospective effect. It shall be deemed to have come in to force on the 15th June 2015. Last week Union Cabinet had approved to promulgate the Negotiable Instruments (Amendment) Ordinance 2015 which redefined the Jurisdiction Clause in the Negotiable Instrument Act.As...