Cheque dishonour during insolvency does not always attract criminal liability. The Delhi High Court clarifies the scope of Section 138 NI Act where accounts are blocked due to IBC proceedings. The intersection of cheque dishonour proceedings under Section 138 of the Negotiable Instruments Act, 1881  and insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC)  has been a recurring area of litigation. In a significant decision delivered on 16 December 2025 ,

NCLT Delhi admits application under Section 7 of the IBC, 2016 against Raheja Developers Limited. Homebuyers to file claim Form CA. Creditors to file their claims with IRP