[S.138 NI Act] Cheque Bounce Complaint Maintainable If Payment Not Made Within 15 Days: Delhi High Court

In a detailed judgment, the Delhi High Court has dismissed a plea challenging the maintainability of a cheque dishonour complaint on the ground of premature filing. The petitioner, Rama Oberoi, contended that the complaint under Section 138 of the Negotiable Instruments Act, 1881 was filed before the expiry of a purported combined 45-day statutory period. However, the Court clarified that the two time periods — 15 days for notice compliance…