https://www.taxtmi.com/caselaws?id=419647 A complaint under Section 138 of the Negotiable Instruments Act was found within limitation because the cheque was dishonoured on 29.07.2017, statutory notice was issued on 09.08.2017, and the complaint was filed on 20.09.2017 within the period prescribed by the proviso to Section 138 and Section 142(b). The objection based on limitation was rejected. The complaint also contained an assertion that the cheque was issued in discharge of liability and had been dishonoured for insufficient funds; the Court held that the sufficiency of those averments and the precise nature of the debt or liability are matters for trial, not for quashing at the cognizance stage. The quashing petitions were found meritless and the proceedings were permitted to continue. en-us Thu, 10 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419647 A complaint under Section 138 of the Negotiable Instruments Act was found within limitation because the cheque was dishonoured on 29.07.2017, statutory notice was issued on 09.08.2017, and the complaint was filed on 20.09.2017 within the period prescribed by the proviso to Section 138 and Section 142(b). The objection based on limitation was rejected. The complaint also contained an assertion that the cheque was issued in discharge of liability and had been dishonoured for insufficient funds; the Court held that the sufficiency of those averments and the precise nature of the debt or liability are matters for trial, not for quashing at the cognizance stage. The quashing petitions were found meritless and the proceedings were permitted to continue. Case-Laws Indian Laws Thu, 10 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419647