Case Law Analysis
|Jammu & Kashmir and Ladakh High Court
Section 138 NI Act | Composite Demand Notice for Multiple Cheques Valid; Cognizance After 15-Day Period Cures Premature Filing : J&K HC
The J&K High Court held that a single composite demand notice covering multiple dishonoured cheques satisfies Section 138 NI Act requirements, and that taking cognizance after the 15-day statutory payment window expires cures any premature filing defect. The ruling clarifies procedural compliance for cheque bounce complainants and limits technical grounds for quashing proceedings.