TMI BlogCheque Bounce Case: No Offence by Petitioner Due to Lack of Statutory Notice u/s 138.Cheque bounced - Since no demand was made by the payee or holder in due course, of the subject cheques, by issuance of a statutory notice under section 138, the petitioner has not committed any offence under section 138 of the Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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