2022 (7) TMI 1319

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..... was to be encashed, the liability of the petitioner in respect of the sale would have become time barred and hence no proceedings under Section 138 of the Negotiable Instrument Act can be initiated on the basis of the dishonour of the cheque as there would be no legally enforceable debt subsisting on that date. Notice of motion for 20.10.2022. - CRM-M-31440-2022 (O&M) - - - Dated:- 21-7-2022 .....

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..... 10.03.2018 for Rs. 46,00,000/-, which was dishonoured on 20.03.2018. Mr. R.S. Rai, learned Sr. counsel for the petitioner while replying the decisions of Delhi High Court in Prajan Kumar Jain vs. Ravi Malhotra, i(2010) BCB, Vijay Polymers Pvt. Ltd. and Anr. Vs. Vinnay Aggarwal, (2009)156PLR1 and a decision of this Court in Nari Dass vs. Surender, CRA- No. A-1101-MA of 2014 decided on 13.11.2014 .....

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