Supreme Court · 1999 INSC 95 · Decided 10 March 1999
Saketh India LTD. and ORS. v. India Securities LTD.
- Court
- Supreme Court of India
- Citation
- 1999 INSC 95 · [1999] 1 S.C.R. 963
- Case number
- CRIMINAL APPEAL No. 288/1999
- Decided
- 10 March 1999
- Bench
- K.T. THOMAS, M.B. SHAH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- CrPC Section 482; NI Act Section 138, 138(c); Limitation Act
Headnote
B Criminal Law : Negotiable Instruments Act, 1881 : Sections 138 proviso (c) and 142(b)-Cl1eque-Bouncing of--Complaint against-:-Filing of-Period of C limitation for-Computation of-ModC--Cause of action-Arising of-Date of-Notice demanding payment se1ved on drawer-HELD, the date on which the cause Act, 1897-Ss. 12( 1) & 12(2) of Limitation Act, 1963. Cheques issued by the appellants in favour of the respondent bounced when presented for encashment as per the bank endorsement. The respon­ dent served a notice demanding payment, on the drawer on 29.9.1995.As per Section 138(c) of the
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