[NI Act] Cause of Action For S.138 Complaint Arises Only After 15-Day Period, Even if Notice is ‘Refused’: Kerala High Court

The Kerala High Court, in a significant ruling, has held that the cause of action for filing a complaint under Section 138 of the Negotiable Instruments (N.I.) Act, 1881, arises only after the expiry of the statutory 15-day period for payment, even in cases where the legal notice sent to the drawer of the cheque

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

READ ALSO  Home Buyer Cannot Be Denied Compensation Just Because Earlier, Builder Had Offered Refund for Delayed Handing Over of Possession: SC
Ad 20- WhatsApp Banner

Law Trend
Law Trendhttps://lawtrend.in/
Legal News Website Providing Latest Judgments of Supreme Court and High Court

Related Articles

Latest Articles