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Indian Laws - Highlights / Catch Notes

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Dishonour of Cheque - Given the absence of a demand notice ...

Case Laws     Indian Laws

May 15, 2023

Dishonour of Cheque - Given the absence of a demand notice served upon the company HG Retail, which constitutes the drawer of the cheque as the principal accused, the mandatory steps outlined in Section 138 of the NI Act have not been duly adhered to. Consequently, the complaint under section 138 NI Act is not maintainable and is bad in law. - HC

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