https://www.taxtmi.com/caselaws?id=795103 Section 138 prosecution requires presentation of a cheque within its validity period, presentation of a post-dated cheque only on or after its date, and valid service of an accurate demand notice. A cheque presented after expiry of validity or before its stated date cannot support dishonour proceedings. Where the demand notice aggregates amounts from such invalidly presented cheques with other cheques, it fails to make a proper demand for the dishonoured amount. Return of the notice marked "not known" is not valid service where no further service steps are taken. The statutory requirements for prosecution are therefore not fulfilled, sustaining acquittal. en-us Tue, 14 Jul 2026 00:00:00 +0530 Fri, 17 Jul 2026 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795103 Section 138 prosecution requires presentation of a cheque within its validity period, presentation of a post-dated cheque only on or after its date, and valid service of an accurate demand notice. A cheque presented after expiry of validity or before its stated date cannot support dishonour proceedings. Where the demand notice aggregates amounts from such invalidly presented cheques with other cheques, it fails to make a proper demand for the dishonoured amount. Return of the notice marked "not known" is not valid service where no further service steps are taken. The statutory requirements for prosecution are therefore not fulfilled, sustaining acquittal. Case-Laws Indian Laws Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795103