Just a moment...
Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page
Try Now →Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether complaints under Section 138 of the Negotiable Instruments Act, 1881 were maintainable where the post-dated cheques were presented beyond six months from the date on which they were signed and made.
Analysis: Section 138 requires presentation of the cheque within six months from the date on which it is drawn. A post-dated cheque is not invalid merely because it is post-dated, but for the purpose of liability under Section 138 the relevant date is the date on which the cheque is actually made and signed by the drawer, not the later date written on its face. The statutory presumption under Section 118 that an instrument bears the date of its making stands displaced where the facts show that the cheque was post-dated. The offence under Section 138 is complete only when all statutory ingredients are satisfied, including timely presentation, notice, and failure to pay.
Conclusion: The complaints were not maintainable because the cheques were presented beyond six months from the date they were made and signed, so no offence under Section 138 was made out.