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    <title>2024 (6) TMI 434 - KERALA HIGH COURT</title>
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    <description>A dishonour memo recording return of the cheque for insufficiency of funds was treated as sufficient proof of dishonour under Section 146 of the Negotiable Instruments Act, so separate proof of the exact date of presentation and return through ledger records was unnecessary on the facts found. A statutory demand notice under Section 138 remained valid where it clearly claimed the cheque amount, and the addition of a severable claim for interest did not invalidate the notice or affect its timeliness. The document therefore states that the conviction under Section 138 was sustained and the acquittal set aside.</description>
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    <pubDate>Mon, 20 May 2024 00:00:00 +0530</pubDate>
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      <title>2024 (6) TMI 434 - KERALA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=753827</link>
      <description>A dishonour memo recording return of the cheque for insufficiency of funds was treated as sufficient proof of dishonour under Section 146 of the Negotiable Instruments Act, so separate proof of the exact date of presentation and return through ledger records was unnecessary on the facts found. A statutory demand notice under Section 138 remained valid where it clearly claimed the cheque amount, and the addition of a severable claim for interest did not invalidate the notice or affect its timeliness. The document therefore states that the conviction under Section 138 was sustained and the acquittal set aside.</description>
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      <pubDate>Mon, 20 May 2024 00:00:00 +0530</pubDate>
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