Uniplas India Ltd. And Ors vs State (Govt.Of Nct Of Delhi) And Anr

The Supreme Court held that a notice under Sections 433 and 434 of the Companies Act cannot be considered a valid notice under Section 138 of the Negotiable Instruments Act. The Court emphasized that the statutory requirements for a notice under Section 138 must be strictly adhered to, and the complaint filed within the prescribed period was valid. Consequently, the appeal by the appellants was dismissed, affirming the lower courts' decisions regarding the cognizance of the offence under Section 138 NI Act.