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The Punjab & Haryana High Court has made it clear that when proceeding under Negotiable Act (NI Act) is not debt then it cannot be stayed under Section 96 of the Insolvency and Bankruptcy Code. ....
The Government of Maharashtra has declared June 29, 2023 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881. The public holiday on June 28, 2023 declared earlier has been cancelled ....
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