Cheque Dishonor Case Against HG Retail Dismissed Due to No Demand Notice u/s 138 of Negotiable Instruments Act.

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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