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Section 25 of the Payment and Settlement Act 2007
14-Nov-2023 (In Recovery Law)
Is Section 25 of the Payment and Settlement Act 2007 bailable or not? Received a Warrant of Arrest in Pvt. Complaint.Â
Yes, offences under Section 25 of India's Payment and Settlement Systems Act, 2007, are generally bailable, meaning the accused can be released on bail. The process is similar to that for a cheque bounce case under the Negotiable Instruments Act, where you must appear in court and seek bail from the issuing court.
Adv. Chikirsha Mohanty
Delhi | 200+ Answers
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It is like a cheque bounce case. You need to appear and seek bail from the respective court which is issuing the bailable warrants. All the conditions of the cheque bounce from 138 to 142 of negotiable instrument act applies.
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Adv. Ajay Garg
Adv. Ajay Garg
Ludhiana | 100+ Answers
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