Cheque Bounce | 'Advice' to Pay Cheque Amount Constitutes a Legal Demand if the Notice Clearly Requires Payment: Gauhati High Court
The Gauhati High Court has delivered a significant judgment clarifying that a legally issued notice need not explicitly contain the word "demand" to fulfill the requirements of Section 138 of the Negotiable Instruments Act, 1881. The Court dismissed a criminal revision petition filed against a cheque bounce conviction, emphasizing that the overall substance and intent of the notice are crucial. This ruling simplifies the legal process for complainants by allowing…