Section 138 of Negotiable Instruments Act: Cheque must be presented within 3 months for dishonor action.

Dishonor of Cheque - The Clause (a) of Proviso to Section 138 of N.I. Act stipulates that Section 138 shall not be applicable unless the cheque is presented to the bank within a period of six months (Now 3 months) from the date on which it is drawn or within the period of its validity, whichever is earlier. .....

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