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    <title>Delayed cheque presentation exceeding validity negates criminal liability.</title>
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    <description>Cheque dishonored due to delayed presentation beyond statutory validity period. Trial and appellate courts erred in not appreciating significance of &#039;outdated/stale&#039; memo, which negates cause of action u/s 138 NI Act. Revisional court can only rectify jurisdictional errors or patent defects in law. Appeal allowed, judgments set aside, complaint dismissed as not maintainable, accused acquitted u/s 138 NI Act, fine/compensation refunded.</description>
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      <title>Delayed cheque presentation exceeding validity negates criminal liability.</title>
      <link>https://www.taxtmi.com/highlights?id=82696</link>
      <description>Cheque dishonored due to delayed presentation beyond statutory validity period. Trial and appellate courts erred in not appreciating significance of &#039;outdated/stale&#039; memo, which negates cause of action u/s 138 NI Act. Revisional court can only rectify jurisdictional errors or patent defects in law. Appeal allowed, judgments set aside, complaint dismissed as not maintainable, accused acquitted u/s 138 NI Act, fine/compensation refunded.</description>
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      <pubDate>Wed, 30 Oct 2024 08:32:36 +0530</pubDate>
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