https://www.taxtmi.com/caselaws?id=159398 The Supreme Court addressed the delay in re-filing Special Leave Petitions, granting leave for the case. The core issue was the interpretation of Section 138 of the Negotiable Instruments Act, focusing on whether a fresh notice for the same dishonored cheque can be sent after the prescribed period. The Court held that the complaints filed after the expiry of the timeline were time-barred, emphasizing that the cause of action arises upon the initial notice after dishonor. The Appeals were allowed, overturning the Magistrate and High Court's decisions, providing clarity on legal principles under the Act. en-us Fri, 08 Jan 2010 00:00:00 +0530 Sat, 25 Dec 2021 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159398 The Supreme Court addressed the delay in re-filing Special Leave Petitions, granting leave for the case. The core issue was the interpretation of Section 138 of the Negotiable Instruments Act, focusing on whether a fresh notice for the same dishonored cheque can be sent after the prescribed period. The Court held that the complaints filed after the expiry of the timeline were time-barred, emphasizing that the cause of action arises upon the initial notice after dishonor. The Appeals were allowed, overturning the Magistrate and High Court's decisions, providing clarity on legal principles under the Act. Case-Laws Companies Law Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159398