https://www.taxtmi.com/caselaws?id=236813 The SC held that when computing the one-month period under Section 142(b) of the Negotiable Instruments Act for filing complaints, the first day on which the cause of action arose must be excluded. The Court clarified that the word "of" in Sections 138(c) and 142(b) should be interpreted consistently with "from" in Section 138(a). Following the general rule for period calculation, the first day is excluded while the last day is included. The Court affirmed that Saketh India Ltd. v. India Securities Ltd. established the correct legal proposition, while rejecting contrary interpretations from other decisions. en-us Mon, 26 Aug 2013 00:00:00 +0530 Wed, 09 Jul 2025 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236813 The SC held that when computing the one-month period under Section 142(b) of the Negotiable Instruments Act for filing complaints, the first day on which the cause of action arose must be excluded. The Court clarified that the word "of" in Sections 138(c) and 142(b) should be interpreted consistently with "from" in Section 138(a). Following the general rule for period calculation, the first day is excluded while the last day is included. The Court affirmed that Saketh India Ltd. v. India Securities Ltd. established the correct legal proposition, while rejecting contrary interpretations from other decisions. Case-Laws Companies Law Mon, 26 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236813