18 Nov 2025 09:19 AM
Supreme Court
Supreme Court

Dishonour of Cheque--Offence by Company

Moratorium--When the cause of action under S.138 NI Act arises after imposition of the moratorium under S.14 IBC then proceedings under S.138 NI Act cannot proceed and are liable to be quashed

Dishonour of Cheque--Cause of Action--It arises only when the amount is not paid even after the expiry of fifteen days from the date of receipt of demand notice

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