Cheque Dishonour and Time Period under Negotiable Instruments Act, 1881

Cheque Dishonour and Time Period under Negotiable Instruments Act, 1881 - "The period of 45 days under reference is not a lump sum consolidated period; it is 15 days (after service of statutory notice, to pay vide proviso (c) to Section 138 of the Negotiable Instruments Act, 1881) plus 30 days (to file complaint under Section 141(1)(b) of the Act). The period of 30 days or 31 days (the provision uses the expression “one month”) is akin to the limitation period after arising of cause of action." - Rama Oberoi v. State of NCTD [2025] GCtR 1484 (Delhi)