GUJARAT HIGH COURT
K.S. Jhaveri, J
Navavathi v. Prabhudas
2 The question of vital importance that arises for consideration is, to which bank (paying or collecting), the cheque is to be presented within six months or during its validity period for legal and valid initiation of criminal action under S.138 of the Act ?
3 facts, necessary for disposal of this application, may, in brief, be stated. The petitioner and opponent No. 1, were having legal transactions. When account was settled, Rs. 1,00,000 were found due to the opponent No. 1 from the petitioner. The petitioner therefore, in order to fulfil his obligation to pay the amount, issued the cheque for Rs. 1,00,000 on January 24, 1997. The cheque was drawn on the branch of Veraval Mercantile Cooperative Bank Ltd., Veraval, at Junagadh (for short, "the paying bank").
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.