<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2007 (5) TMI 679 - KERALA HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=301804</link>
    <description>For compliance with proviso (b) to Section 138 of the Negotiable Instruments Act, the controlling act is the giving of notice within thirty days of receipt of bank information, and not the drawer&#039;s actual receipt within that period. The statute distinguishes between the act of issuing the demand notice and the later receipt of that notice, and Section 94 recognises notice by post, implying a permissible gap between dispatch and delivery. Accordingly, timely despatch of the statutory demand notice satisfies proviso (b) even if the drawer receives it later.</description>
    <language>en-us</language>
    <pubDate>Tue, 29 May 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 21 Apr 2022 17:27:01 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=676720" rel="self" type="application/rss+xml"/>
    <item>
      <title>2007 (5) TMI 679 - KERALA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=301804</link>
      <description>For compliance with proviso (b) to Section 138 of the Negotiable Instruments Act, the controlling act is the giving of notice within thirty days of receipt of bank information, and not the drawer&#039;s actual receipt within that period. The statute distinguishes between the act of issuing the demand notice and the later receipt of that notice, and Section 94 recognises notice by post, implying a permissible gap between dispatch and delivery. Accordingly, timely despatch of the statutory demand notice satisfies proviso (b) even if the drawer receives it later.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Tue, 29 May 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=301804</guid>
    </item>
  </channel>
</rss>