https://www.taxtmi.com/caselaws?id=391733 Presentation of a cheque within its validity period is a condition precedent for criminal liability under Section 138 of the Negotiable Instruments Act, 1881. Where the cheque is admitted to have been presented after expiry of that period, no cause of action arises and the prosecution is not maintainable. The Karnataka High Court noted that the reduced three-month validity period applied, and the belated presentation went to the root of the complaint. On those admitted facts, the summoning order could not be sustained and the complaint was quashed. en-us Mon, 03 Feb 2020 00:00:00 +0530 Thu, 06 Feb 2020 08:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391733 Presentation of a cheque within its validity period is a condition precedent for criminal liability under Section 138 of the Negotiable Instruments Act, 1881. Where the cheque is admitted to have been presented after expiry of that period, no cause of action arises and the prosecution is not maintainable. The Karnataka High Court noted that the reduced three-month validity period applied, and the belated presentation went to the root of the complaint. On those admitted facts, the summoning order could not be sustained and the complaint was quashed. Case-Laws Indian Laws Mon, 03 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391733