Section 138 NI Act Proceedings and Arbitration Can Continue Simultaneously: Delhi HC

In a recent judgment, the Delhi High Court, led by Justice Amit Bansal, addressed the issue of whether arbitration proceedings and complaints under Section 138 of the Negotiable Instruments Act, 1881 (NI Act) can proceed simultaneously. The case involved Newton Engineering and Chemicals Limited and others as petitioners, challenging a complaint under Section 138 NI

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