Supreme Court · 2001 INSC 297 · Decided 17 July 2001
M/S. Uniplas India LTD. and ORS. v. State (GOVT. of NCT of Delhi) and ANR.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 297 · [2001] 3 S.C.R. 985
- Case number
- CRIMINAL APPEAL No. 721/2001
- Decided
- 17 July 2001
- Bench
- K.T. THOMAS, R.P. SETHI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 138; Companies Act Section 434, 433
Headnote
B Negotiable Instruments Act, 1881: Section J 38 proviso (b)-Dishonour of cheque-Notice of demand­ /ssued under S.434 of the Companies Act-Validity of-Is a valid notice C under Clause (b) of proviso to S.138-Companies Act, 1956, Ss.433 and 434. Section /42(b)-Dishonour of cheque-Cause of 15 days of dishonour of cheque-If such a notice is not given within 15 days no cause of action D arises-Successive causes of action cannot be created with repeated presentations of the same cheque for the purpose of launching a prosecution. Dishonour of cheque-Successive presentations of
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