https://www.taxtmi.com/caselaws?id=159397 A cheque governed by Section 138 of the Negotiable Instruments Act may be presented more than once within its validity period, because the statutory bar is only against presentation beyond that period. A complaint under Section 142 arises only after dishonour, valid notice, and failure to pay within the prescribed time. On the facts stated, the first two notices were ineffective, while the third presentation and third notice were within the permissible period. The Court therefore treated the repeated presentation and fresh notice as valid, upheld maintainability of the complaint, and rejected the challenge to cognizance. en-us Thu, 23 Oct 2008 00:00:00 +0530 Wed, 04 Jun 2014 09:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159397 A cheque governed by Section 138 of the Negotiable Instruments Act may be presented more than once within its validity period, because the statutory bar is only against presentation beyond that period. A complaint under Section 142 arises only after dishonour, valid notice, and failure to pay within the prescribed time. On the facts stated, the first two notices were ineffective, while the third presentation and third notice were within the permissible period. The Court therefore treated the repeated presentation and fresh notice as valid, upheld maintainability of the complaint, and rejected the challenge to cognizance. Case-Laws Companies Law Thu, 23 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159397