https://www.taxtmi.com/caselaws?id=311288 A prosecution under Section 138 of the Negotiable Instruments Act fails where the statutory notice does not substantially conform to the cheque on which liability is founded. The Madras HC treated the cheque number error as material in the context of a running business transaction and inconsistent supporting materials, because the notice did not clearly identify the basis of the claim or validly demand the cheque amount. Without a valid notice, no lawful cause of action arose, and the complaint was not maintainable in law. The acquittal of the accused was therefore left undisturbed. en-us Thu, 22 Dec 2016 00:00:00 +0530 Sun, 17 Dec 2023 15:13:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311288 A prosecution under Section 138 of the Negotiable Instruments Act fails where the statutory notice does not substantially conform to the cheque on which liability is founded. The Madras HC treated the cheque number error as material in the context of a running business transaction and inconsistent supporting materials, because the notice did not clearly identify the basis of the claim or validly demand the cheque amount. Without a valid notice, no lawful cause of action arose, and the complaint was not maintainable in law. The acquittal of the accused was therefore left undisturbed. Case-Laws Indian Laws Thu, 22 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311288