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Section 138 in The Negotiable Instruments Act, 1881. 138. Dishonour of cheque for insufficiency, etc., of funds in the account.—. (b) the payee or the holder in due course of the cheque, as the case may be, makes a demand for the payment of the said amount of money by giving a notice in writing, to the drawer of the cheque, [within thirty ...
138 ( one hundred [and] thirty-eight) is the natural number following 137 and preceding 139 . Mathematics. 138 is a sphenic number, [1] and the smallest product of three primes such that in base 10, the third prime is a concatenation of the other two: . [a] It is also a one-step palindrome in decimal (138 + 831 = 969).
Sep 27, 2023 · Section 138 of the Negotiable Instruments Act entirely deals with the issue of Cheque Bounce. Cheque Bounce also noted as Dishonoured Cheque. When cheque is sent to bank for payment and comes back as ‘returning cheque’, means the amount is still unpaid.
May 29, 2018 · Section 138 of the Negotiable Instruments Act, 1881 provides for circumstances under which a case for dishonour of cheques is filed. It states that a cheque has to be presented to the bank within 6 months from the date on which it was drawn or within a period of its validity whichever is earlier.
Your guide to the number 138, an even composite number composed of three distinct primes. Mathematical info, prime factorization, fun facts and numerical data for STEM, education and fun. 42
Dec 7, 2021 · Whether Section 138 only covers a debt that exists as on the date of drawing of the cheque? The explanation to Section 138 of the NI Act provides that ‘debt or any other liability’ means a legally enforceable debt or other liability.
138 is the natural number after 137 and before 139. It is divisible by 1, 2, 3, 6, 23, 46, 69, and 138.
Properties of the number 138: factors, prime check, fibonacci check, bell number check, binary, octal, hexadecimal representations and more.
The table of 138 is given here up to the first 20 natural numbers. Visit BYJU’S to learn the 138 times table, and download the PDF for the multiplication table of 138.
The Hon'ble Supreme Court observed that the offence under Section 138 of the NI Act is at best a regulatory offence and largely falls in the arena of a civil wrong and therefore the test of proportionality ought to guide the interpretation of the reverse onus clause.
