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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 ...
Mar 25, 2020 · Section 138: An offence committed under Section 138 is a non-cognizable offence (a case in which a police officer cannot arrest the accused without an arrest warrant). Also, it is a bailable offence. The offence under this section will be completed with following 5 components: 1.
Feb 8, 2015 · 138. Internal audit (1) Such class or classes of companies as may be prescribed shall be required to appoint an internal auditor, who shall either be a chartered accountant or a cost accountant, or such other professional as may be decided by the Board to conduct internal audit of the functions and activities of the company.
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).
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.
May 13, 2022 · Section 138 is a provision which rules the cases of Dis-honour of Cheques, wherein the Criminal as well as Monetary liability is imposed on the Drawer of such dis-honoured Cheque. Section 138 deals with the procedure and pre-conditions before filing a Criminal Complaint before the Judicial Magistrate.
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.
complaints under Section 138 from summary trial to summons trial is being done mechanically without reasons being recorded. The result of such conversion of complaints under Section 138 from summary trial to summons trial has been contributing to the delay in disposal of the cases. Further, the second proviso to Section 143 mandates that the ...
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.
