Section 138 NI Act | Legal Notice Must Explicitly Seek Cheque Amount For Complaint To Sustain: Delhi High Court
The Delhi High Court clarified that for initiating proceedings under Section 138 of the Negotiable Instruments Act, 1881, the legal notice sent to the cheque drawer must explicitly demand the payment of the ‘cheque amount’. Without a clear demand for the cheque amount in the notice, the essential conditions for filing a complaint under Section 138 are not met. Court’s Interpretation of Section 138(b) Justice Amit Mahajan explained that the…
