Negotiable Instruments Act | Arbitration Proceedings And Section 138 NI Act Proceedings Can Continue Simultaneously: Delhi High Court
Debby Jain
29 Nov 2023 6:45 PM IST

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29 Nov 2023 6:45 PM IST
The Delhi High Court on Thursday ruled that arbitration proceedings and proceedings under Section 138 of the Negotiable Instruments Act (“NI Act”) arise from separate causes of action and pendency of one does not affect the other. Dismissing the petition, which sought quashing of a complaint u/s 138, Justice Amit Bansal observed, “There is no merit in the contention of...
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