https://www.taxtmi.com/caselaws?id=303482 A cheque may be re-presented during its validity, and a prosecution under Section 138 of the Negotiable Instruments Act, 1881 can be founded on a later dishonour if the statutory notice is issued and payment is not made within the prescribed time. The offence under Section 138 is distinct from the conditions precedent for taking cognizance, so an earlier dishonour and notice do not exhaust the complainant's remedy. Successive dishonour after compliance with the notice requirement gives rise to a fresh cause of action, and a complaint based on the second dishonour is legally maintainable. en-us Tue, 28 Oct 2014 00:00:00 +0530 Tue, 26 Jul 2022 20:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303482 A cheque may be re-presented during its validity, and a prosecution under Section 138 of the Negotiable Instruments Act, 1881 can be founded on a later dishonour if the statutory notice is issued and payment is not made within the prescribed time. The offence under Section 138 is distinct from the conditions precedent for taking cognizance, so an earlier dishonour and notice do not exhaust the complainant's remedy. Successive dishonour after compliance with the notice requirement gives rise to a fresh cause of action, and a complaint based on the second dishonour is legally maintainable. Case-Laws Indian Laws Tue, 28 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303482