https://www.taxtmi.com/caselaws?id=760937 A cheque must be presented to the drawee bank within its valid period to sustain criminal liability under Section 138 of the Negotiable Instruments Act. Presentation only to the complainant's collecting bank was held insufficient where the cheque had become stale and was returned as outdated. Because valid presentment was not satisfied, no cause of action arose for prosecution, and the concurrent findings below were treated as suffering from a jurisdictional defect. The conviction and sentence were set aside, and the accused was acquitted. en-us Mon, 21 Oct 2024 00:00:00 +0530 Wed, 30 Oct 2024 08:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760937 A cheque must be presented to the drawee bank within its valid period to sustain criminal liability under Section 138 of the Negotiable Instruments Act. Presentation only to the complainant's collecting bank was held insufficient where the cheque had become stale and was returned as outdated. Because valid presentment was not satisfied, no cause of action arose for prosecution, and the concurrent findings below were treated as suffering from a jurisdictional defect. The conviction and sentence were set aside, and the accused was acquitted. Case-Laws Indian Laws Mon, 21 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760937