https://www.taxtmi.com/caselaws?id=420753 The court dismissed the criminal leave to appeal as the appellant filed a complaint prematurely against the respondent for dishonoring a cheque before the mandatory 15-day period for payment after notice, as required by Section 138 of the Negotiable Instruments Act, 1881. The judgment emphasized the legislative intent behind the Act, highlighting the importance of allowing the drawer the opportunity to settle the debt within the prescribed period to avoid criminal proceedings. Compliance with the statutory provisions, including the 15-day timeline, was deemed crucial for fairness and legal adherence in cases of dishonored cheques. en-us Wed, 30 Mar 2022 00:00:00 +0530 Sat, 09 Apr 2022 07:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420753 The court dismissed the criminal leave to appeal as the appellant filed a complaint prematurely against the respondent for dishonoring a cheque before the mandatory 15-day period for payment after notice, as required by Section 138 of the Negotiable Instruments Act, 1881. The judgment emphasized the legislative intent behind the Act, highlighting the importance of allowing the drawer the opportunity to settle the debt within the prescribed period to avoid criminal proceedings. Compliance with the statutory provisions, including the 15-day timeline, was deemed crucial for fairness and legal adherence in cases of dishonored cheques. Case-Laws Indian Laws Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420753