https://www.taxtmi.com/caselaws?id=465400 The dominant issue was whether the complaint under s. 138 NI Act was maintainable despite a defective statutory demand notice. The HC held that an incorrect cheque number in the notice was not a curable irregularity and failed to satisfy the mandatory requirements of s. 138; in the absence of a fresh compliant notice, the prosecution was barred, resulting in dismissal of the complaint and affirmation of acquittal. The court also held on merits that the cheque was issued as a blank security cheque and not towards a legally enforceable debt, taking the transaction outside the mischief of s. 138, and consequently upheld the trial court's acquittal and dismissed the appeal. en-us Tue, 05 Aug 2014 00:00:00 +0530 Sat, 20 Dec 2025 22:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465400 The dominant issue was whether the complaint under s. 138 NI Act was maintainable despite a defective statutory demand notice. The HC held that an incorrect cheque number in the notice was not a curable irregularity and failed to satisfy the mandatory requirements of s. 138; in the absence of a fresh compliant notice, the prosecution was barred, resulting in dismissal of the complaint and affirmation of acquittal. The court also held on merits that the cheque was issued as a blank security cheque and not towards a legally enforceable debt, taking the transaction outside the mischief of s. 138, and consequently upheld the trial court's acquittal and dismissed the appeal. Case-Laws Indian Laws Tue, 05 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465400