We are sharing our digest of #SupremeCourt judgments (of 2026) on Negotiable Instruments Act (cheque bounce cases) with our subscribers. If you need it too, just https://t.co/tWBElveQxV !
FIRs can NOT be withdrawn, but protesters can get relief in following 3 ways:
1. Filing of closure report by police
2. Withdrawal from prosecution
3. Quashing of FIR by HC
Today's #SupremeCourt judgment authored by Justice BV Nagarathna is a must read for any one who wants to learn Section 138/139 Negotiable Instruments Act (Cheque Bounce Cases) from scratch.
๐๐บ๐ฑ๐ฆ๐ด ๐ฐ๐ง ๐๐ฆ๐ง๐ช๐ค๐ช๐ต - ๐๐๐๐'๐ด ๐ง๐ข๐ท๐ฐ๐ถ๐ณ๐ช๐ต๐ฆ ๐ต๐ฐ๐ฑ๐ช๐ค
1. ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ ๐๐ฒ๐ณ๐ถ๐ฐ๐ถ๐
Formula: Revenue Expenditure โ Revenue Receipts
Shows the government is borrowing to meet day-to-day expenses.
Indicates poor fiscal health if persistent.
2. ๐๐ถ๐๐ฐ๐ฎ๐น ๐๐ฒ๐ณ๐ถ๐ฐ๐ถ๐
Formula: Total Expenditure โ (Revenue Receipts + Non-Debt Capital Receipts)
Also equals government's total borrowing requirement.
Most important deficit for UPSC.
3. ๐ฃ๐ฟ๐ถ๐บ๐ฎ๐ฟ๐ ๐๐ฒ๐ณ๐ถ๐ฐ๐ถ๐
Formula: Fiscal Deficit โ Interest Payments
Shows current borrowing excluding the burden of past debt.
4. ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ ๐๐ฒ๐ณ๐ถ๐ฐ๐ถ๐
Formula: Revenue Deficit โ Grants for Creation of Capital Assets
Measures the actual revenue gap after excluding grants used to create assets.
One of the fastest cases to be disposed in the stateโs judicial history!
Some perspective:
* Incidents happened on - 1st May
* Chargesheet filed - in 15 days
* Trial began on - 21st May
* Accused convicted on - 24th June
* Accused sentenced to death penalty on - 29th June
Aha!
My Delhi book list.
Most books on this are about Delhi / exploring Delhi history. Would love to add more titles, academic, non-academic, literature etc.
Aadhaar isn't proof of citizenship. Neither is your voter ID. Or your passport. Or your PAN.
After 79 years, India still can't answer: what document conclusively proves you're a citizen?
โ๏ธ SQ Masood
https://t.co/lGnKVLrbds