https://www.taxtmi.com/caselaws?id=165260 The Supreme Court analyzed the validity of a notice under Section 138 of the Negotiable Instruments Act, 1881. The Court held that the notice must strictly demand the cheque amount, as penal provisions are to be construed strictly. Any additional claims in the notice should be separable from the cheque amount demand. The Court emphasized that failure to pay the cheque amount within 15 days leads to criminal liability, but payment within the specified period absolves the drawer. The notice in question, demanding incidental charges in addition to the cheque amount, was deemed valid. The Court upheld the High Court's decision, ruling the notice legally sufficient and dismissing the appeal. en-us Wed, 02 Feb 2000 00:00:00 +0530 Mon, 30 Jun 2014 17:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165260 The Supreme Court analyzed the validity of a notice under Section 138 of the Negotiable Instruments Act, 1881. The Court held that the notice must strictly demand the cheque amount, as penal provisions are to be construed strictly. Any additional claims in the notice should be separable from the cheque amount demand. The Court emphasized that failure to pay the cheque amount within 15 days leads to criminal liability, but payment within the specified period absolves the drawer. The notice in question, demanding incidental charges in addition to the cheque amount, was deemed valid. The Court upheld the High Court's decision, ruling the notice legally sufficient and dismissing the appeal. Case-Laws Companies Law Wed, 02 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165260