S. 138 Cheque Bounce Cases can be filed 15 Days after Notice to Drawer upon Payment Failure: Delhi HC

The Delhi High Court has clarified the procedure for filing cases under Section 138 of the Negotiable Instruments Act for cheque dishonor. The court has ruled that such a case can be filed 15 days after the notice is sent to the drawer, if payment is not made within that period. This decision provides crucial clarity on the legal timeline, which is important for individuals and businesses dealing with bounced cheques. The court's decision is a crucial reminder to all that they must be diligent in their dealings.