https://www.taxtmi.com/caselaws?id=425983 In proceedings under the Negotiable Instruments Act, the complaint was said to be sufficient where it contained specific averments that the chairman and other office-bearers were in charge of and responsible for the drawer society's business, supporting process under Section 141. A demand notice was not invalid merely because, while distinctly demanding the cheque amount, it also referred without prejudice to a larger settlement liability; the cheque claim remained severable and operative. Where post-dishonour payments substantially satisfied the cheque liability, the Court applied the compensatory approach under Section 143 read with Section 258 CrPC and treated the complaints as capable of closure on payment of interest and costs, notwithstanding any broader contractual claim. en-us Wed, 03 Aug 2022 00:00:00 +0530 Fri, 05 Aug 2022 08:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425983 In proceedings under the Negotiable Instruments Act, the complaint was said to be sufficient where it contained specific averments that the chairman and other office-bearers were in charge of and responsible for the drawer society's business, supporting process under Section 141. A demand notice was not invalid merely because, while distinctly demanding the cheque amount, it also referred without prejudice to a larger settlement liability; the cheque claim remained severable and operative. Where post-dishonour payments substantially satisfied the cheque liability, the Court applied the compensatory approach under Section 143 read with Section 258 CrPC and treated the complaints as capable of closure on payment of interest and costs, notwithstanding any broader contractual claim. Case-Laws Indian Laws Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425983