https://www.taxtmi.com/caselaws?id=429972 A complaint under Section 138 of the Negotiable Instruments Act is maintainable only after expiry of the 15-day statutory waiting period following receipt of notice, because the cause of action arises only then. A complaint filed before that period ends is premature and is not a complaint in the eye of law, so cognizance is barred under Section 142. The criminal proceedings based on such a complaint cannot be sustained and are liable to be quashed. en-us Thu, 27 Oct 2022 00:00:00 +0530 Wed, 09 Nov 2022 08:00:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429972 A complaint under Section 138 of the Negotiable Instruments Act is maintainable only after expiry of the 15-day statutory waiting period following receipt of notice, because the cause of action arises only then. A complaint filed before that period ends is premature and is not a complaint in the eye of law, so cognizance is barred under Section 142. The criminal proceedings based on such a complaint cannot be sustained and are liable to be quashed. Case-Laws Indian Laws Thu, 27 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429972