TMI BlogDishonor of cheque - payment of interim compensation - direction to deposit 15% amount - Insofar as the...Dishonor of cheque - payment of interim compensation - direction to deposit 15% amount - Insofar as the present facts are concerned, the period of 15 days from the date of giving notice under the proviso (c) to Section 138 of the NI Act had expired on 04.09.2018 and whereas it is upon non-payment of the cheque amount by the drawer (petitioners-accused) till the said date that the offence under Section 138 of the NI Act could be stated to be committed. The said date being later than the date on w..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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