https://www.taxtmi.com/caselaws?id=274600 The court dismissed the Criminal Original Petition, affirming the maintainability of the complaint under Section 138(c) of the Negotiable Instruments Act. It analyzed the interpretation of the 15-day period for payment after notice of dishonor, emphasizing that the cause of action arises from the date of denial, and the payee need not wait for the full 15 days if the drawer denies payment despite the statutory notice. The judgment relied on previous decisions and legal provisions to support its conclusion. en-us Wed, 07 Sep 2016 00:00:00 +0530 Fri, 24 Aug 2018 02:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274600 The court dismissed the Criminal Original Petition, affirming the maintainability of the complaint under Section 138(c) of the Negotiable Instruments Act. It analyzed the interpretation of the 15-day period for payment after notice of dishonor, emphasizing that the cause of action arises from the date of denial, and the payee need not wait for the full 15 days if the drawer denies payment despite the statutory notice. The judgment relied on previous decisions and legal provisions to support its conclusion. Case-Laws Indian Laws Wed, 07 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274600