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Charanjit Pal Jindal vs M/S. L.N. Metalics on 24 February, 2015

8. The judgment of the three Judge Bench has since been followed by a two Judge Bench of this Court in Charanjit Pal Jindal v. L.N. Metalics. There is merit in the second submission which has been urged on behalf of the Appellant as well. The proviso to Section 138 contains the pre-conditions which must be fulfilled before an offence under the provision is made out. These conditions are; (i) presentation of the cheque to the bank within six months from the date on which it is drawn or within the period of its validity, whichever is earlier; (ii) a demand being made in writing by the payee or holder in due course by the issuance of a notice in writing to the drawer of the cheque within thirty days of the receipt of information from the bank of the return of the cheques; and (iii) the failure of the drawer to make payment of the amount of money to the payee or the holder in due course within fifteen days of the receipt of the notice.
Supreme Court - Daily Orders Cites 8 - Cited by 35 - Full Document
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