Cheque Bounce | Sending Notice to Wrong Address Fails to Fulfil Mandatory Pre-condition For Filing Complaint U/s 138 NI Act: HC

The J&K and Ladakh High Court has ruled that the inference of having received the statutory notice of demand by a cheque drawer as mandated u.s 138 of the NI Act can be raised only if the notice is dispatched to the correct address. As per the Bench of Justice Sanjay Dhar, inference can’t be

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