https://www.taxtmi.com/caselaws?id=308853 Dishonour of a cheque on the ground that the account was closed falls within Section 138 of the Negotiable Instruments Act, 1881, and a cheque may generally be presented again within the permissible period. However, where the earlier dishonour was suppressed in the statutory notice and complaint, and the second presentation occurred after the first dishonour had already set the limitation framework in motion, the later presentation was treated as an attempt to extend time rather than a bona fide fresh presentation. On those facts, the complaint was not maintainable and the prosecution was held barred by limitation. en-us Wed, 23 Feb 2022 00:00:00 +0530 Mon, 11 Nov 2024 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308853 Dishonour of a cheque on the ground that the account was closed falls within Section 138 of the Negotiable Instruments Act, 1881, and a cheque may generally be presented again within the permissible period. However, where the earlier dishonour was suppressed in the statutory notice and complaint, and the second presentation occurred after the first dishonour had already set the limitation framework in motion, the later presentation was treated as an attempt to extend time rather than a bona fide fresh presentation. On those facts, the complaint was not maintainable and the prosecution was held barred by limitation. Case-Laws Indian Laws Wed, 23 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308853