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    <title>2000 (2) TMI 719 - Supreme Court</title>
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    <description>Section 22(1) of SICA does not bar prosecution under section 138 of the Negotiable Instruments Act because that prosecution is penal in nature and is not a suit for recovery of money or enforcement of security. The embargo in SICA applies only to the proceedings specifically listed in the section, and the absence of any express exclusion for cheque dishonour prosecutions supports maintainability. Section 22A also gave no protection because no prohibitory order was operating during the statutory payment period after notice. The complaint was therefore maintainable.</description>
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      <title>2000 (2) TMI 719 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=104653</link>
      <description>Section 22(1) of SICA does not bar prosecution under section 138 of the Negotiable Instruments Act because that prosecution is penal in nature and is not a suit for recovery of money or enforcement of security. The embargo in SICA applies only to the proceedings specifically listed in the section, and the absence of any express exclusion for cheque dishonour prosecutions supports maintainability. Section 22A also gave no protection because no prohibitory order was operating during the statutory payment period after notice. The complaint was therefore maintainable.</description>
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      <pubDate>Tue, 15 Feb 2000 00:00:00 +0530</pubDate>
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