Earlier in February, the Supreme Court suggested to the Union Government that a committee should be set up to deal with the cheque bounce cases and batted for a mechanism for expeditious disposal of such cases.
Now the five-judge Bench headed by Chief Justice S.A. Bobde constituted a committee for early disposal of pending cheque bounce cases in various courts across the nation. Former Bombay High Court Judge will be heading the committee.
The Apex Court formed the committee after Solicitor General Tushar Mehta, who represented the Union Government told the court that the Centre had agreed to constitute a committee.
The committee will also comprise an officer of the department of financial services, the officer should not be below the rank of additional secretary. Officers of department of justice, ministry of corporate affairs, department of expenditure, ministry of home affairs, representatives of the RBI and Indian Banking Association to be nominated by its chairman, representative of the National Legal Services Authority (NALSA), and Solicitor General or his nominee would be the other members of the committee.
The five-judge bench of the Supreme Court had directed the Solicitor General to submit the members of the committee to the Court before the 12th of this month.
The committee will be tasked to give suggestions and file a detailed report on the specific steps that have to be taken for the early disposals of the cheque bounce cases in the nation.
Now the five-judge Bench headed by Chief Justice S.A. Bobde constituted a committee for early disposal of pending cheque bounce cases in various courts across the nation. Former Bombay High Court Judge will be heading the committee.
The Apex Court formed the committee after Solicitor General Tushar Mehta, who represented the Union Government told the court that the Centre had agreed to constitute a committee.
The committee will also comprise an officer of the department of financial services, the officer should not be below the rank of additional secretary. Officers of department of justice, ministry of corporate affairs, department of expenditure, ministry of home affairs, representatives of the RBI and Indian Banking Association to be nominated by its chairman, representative of the National Legal Services Authority (NALSA), and Solicitor General or his nominee would be the other members of the committee.
The five-judge bench of the Supreme Court had directed the Solicitor General to submit the members of the committee to the Court before the 12th of this month.
The committee will be tasked to give suggestions and file a detailed report on the specific steps that have to be taken for the early disposals of the cheque bounce cases in the nation.