Which one of the following is a prescribed period of limitation for taking cognizance to the Court…
Under s.142(1)(b) NI Act the complaint must be in writing and made within one month of the date the cause of action arises, which corresponds to "30 days from the date the…
Choose your answer
Which one of the following is a prescribed period of limitation for taking cognizance to the Court against the offence committed under Section 138 of the Negotiable Instruments Act, 1881?
Answer and explanation
Correct answer D
Under s.142(1)(b) NI Act the complaint must be in writing and made within one month of the date the cause of action arises, which corresponds to "30 days from the date the cause of action arises if the complaint made in writing to the Court"; the period does not run from the date of writing the cheque and an oral complaint does not suffice.
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