https://www.taxtmi.com/caselaws?id=761723 SC allowed appeal in dishonour of cheque case, setting aside HC order that held complaint was premature. Court clarified that under Section 138 of Negotiable Instruments Act, cause of action arises when no payment is made within fifteen days of receiving legal notice. Limitation period of one month runs from this date, not from when accused replies to notice. Since complaint was filed within prescribed limitation period after legal notice was received and no payment made, summoning order was properly issued and was revived. en-us Tue, 24 Sep 2024 00:00:00 +0530 Sat, 16 Nov 2024 08:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761723 SC allowed appeal in dishonour of cheque case, setting aside HC order that held complaint was premature. Court clarified that under Section 138 of Negotiable Instruments Act, cause of action arises when no payment is made within fifteen days of receiving legal notice. Limitation period of one month runs from this date, not from when accused replies to notice. Since complaint was filed within prescribed limitation period after legal notice was received and no payment made, summoning order was properly issued and was revived. Case-Laws Indian Laws Tue, 24 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761723