https://www.taxtmi.com/caselaws?id=441618 A complaint under Section 138 of the Negotiable Instruments Act was held time-barred because it was filed after the one-month period prescribed by Section 142(b) from accrual of the cause of action. The Court rejected the attempt to shift limitation to the later date of knowledge of postal delivery, stating that such computation would defeat the statutory scheme. As no application for condonation of delay was filed, the order taking cognizance could not be sustained and the refusal to discharge was unsustainable. en-us Wed, 02 Aug 2023 00:00:00 +0530 Sat, 12 Aug 2023 08:29:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441618 A complaint under Section 138 of the Negotiable Instruments Act was held time-barred because it was filed after the one-month period prescribed by Section 142(b) from accrual of the cause of action. The Court rejected the attempt to shift limitation to the later date of knowledge of postal delivery, stating that such computation would defeat the statutory scheme. As no application for condonation of delay was filed, the order taking cognizance could not be sustained and the refusal to discharge was unsustainable. Case-Laws Indian Laws Wed, 02 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441618