https://www.taxtmi.com/caselaws?id=362542 The statutory notice under the Negotiable Instruments Act was challenged as vague and insufficient for prosecution under Section 138 because it allegedly did not specifically demand payment of the cheque amount. On scrutiny, the court found that the notice did call upon the petitioners to pay the value of the cheque in question, and rejected the argument that it referred only to an outstanding balance. The notice was therefore treated as legally valid and sufficient, and the challenge to the prosecution failed on that ground. en-us Mon, 11 Jun 2018 00:00:00 +0530 Thu, 28 Jun 2018 08:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362542 The statutory notice under the Negotiable Instruments Act was challenged as vague and insufficient for prosecution under Section 138 because it allegedly did not specifically demand payment of the cheque amount. On scrutiny, the court found that the notice did call upon the petitioners to pay the value of the cheque in question, and rejected the argument that it referred only to an outstanding balance. The notice was therefore treated as legally valid and sufficient, and the challenge to the prosecution failed on that ground. Case-Laws Indian Laws Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362542