https://www.taxtmi.com/caselaws?id=305741 A complaint under Section 138 of the Negotiable Instruments Act filed before expiry of the statutory waiting period is not liable to dismissal as premature if cognizance is taken only after the period has expired. The governing principle is that the Magistrate should defer cognizance until the cause of action matures, rather than reject the complaint solely because it was presented early. On that basis, dismissal as premature was unsustainable, and the matter had to be reconsidered afresh on merits. en-us Mon, 23 Mar 2009 00:00:00 +0530 Thu, 22 Dec 2022 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305741 A complaint under Section 138 of the Negotiable Instruments Act filed before expiry of the statutory waiting period is not liable to dismissal as premature if cognizance is taken only after the period has expired. The governing principle is that the Magistrate should defer cognizance until the cause of action matures, rather than reject the complaint solely because it was presented early. On that basis, dismissal as premature was unsustainable, and the matter had to be reconsidered afresh on merits. Case-Laws Indian Laws Mon, 23 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305741