https://www.taxtmi.com/caselaws?id=108333 The Supreme Court dismissed the appeals, finding the respondent guilty under section 138 of the Negotiable Instruments Act. The Court held that the notice sent by the appellants did not specifically demand payment of the cheque amount, a crucial requirement under section 138. The absence of this specific demand exposed the drawer to liability, emphasizing the importance of a valid notice and the necessity of a clear demand for the bounced cheque amount to establish liability under the Act. en-us Thu, 09 Oct 2003 00:00:00 +0530 Mon, 09 Jun 2014 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108333 The Supreme Court dismissed the appeals, finding the respondent guilty under section 138 of the Negotiable Instruments Act. The Court held that the notice sent by the appellants did not specifically demand payment of the cheque amount, a crucial requirement under section 138. The absence of this specific demand exposed the drawer to liability, emphasizing the importance of a valid notice and the necessity of a clear demand for the bounced cheque amount to establish liability under the Act. Case-Laws Companies Law Thu, 09 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108333