
Case Law Analysis
|Himachal Pradesh High Court
Section 138 NI Act | Limitation Period Starts from Postal Acknowledgment Date, Not Assumed Service: Himachal HC
The Himachal Pradesh High Court ruled that the 45-day limitation period for filing a complaint under Section 138 of the Negotiable Instruments Act begins from the date stamped on the postal acknowledgment receipt, not from an assumed earlier service date. This clarification impacts cheque dishonour cases, ensuring compliance with strict procedural timelines.
