Supreme Court of India · 2009-02-06
MADAN LAL vs HARDEEP KAUR
- Citation / case number
- SC 2007/33900
- Court
- Supreme Court of India
- Petitioner
- MADAN LAL
- Respondent
- HARDEEP KAUR
- Author
- TARUN CHATTERJEE,H.L. DATTU, , ,
- Bench
- TARUN CHATTERJEE,H.L. DATTU, , ,
Judgment text excerpt
The Supreme Court ruled that under Section 138 of the Negotiable Instruments Act, the drawer of a cheque is liable for dishonor if the cheque is returned due to insufficient funds. The Court emphasized that the notice of demand must be served within 30 days of the cheque's return, and failure to do so results in the dismissal of the complaint. The judgment clarified the procedural requirements for filing a complaint under this section, reinforcing the need for strict adherence to timelines.