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TypeBare Act JurisdictionCentral Government

Negotiable Instruments Act, 1881 Section 138

Dishonour of cheque for insufficiency, etc., of funds in the account.—Where any cheque drawn by a person on an account

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https://sooperkanoon.com/act/441175

Bare act section · Research

About this section

Negotiable Instruments Act, 1881 Section 138 is part of Negotiable Instruments Act, 1881 - Dishonour of cheque for insufficiency, etc., of funds in the account.—Where any cheque drawn by a person on an account. Read the section text below and explore Indian court judgments that cite it.

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Section Text

[a term which may be extended to two years’], or with fine which may extend to twice the amount of the cheque, or with both: Provided that nothing contained in this section shall apply unless— (a) thecheque has been presented to the bank within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier; (b) the payee or the holder in due course of the cheque, as the case may be, makes a demand for the payment of the said amount of money by giving a notice; in writing, to the drawer of the cheque, 5 [within thirty days] of the receipt of information by him from the bank regarding the return of the cheque as unpaid; and (c) the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice. Explanation.—For the purposes of this section, “debt of other liability” means a legally enforceable debt Section 139 - or other liability

Frequently asked questions

What does Negotiable Instruments Act, 1881 Section 138 provide?

Section Section 138 of the Negotiable Instruments Act, 1881 (Dishonour of cheque for insufficiency, etc., of funds in the account.—Where any cheque drawn by a person on an account) is reproduced on this page as part of the Negotiable Instruments Act, 1881. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Negotiable Instruments Act, 1881 Section 138?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Negotiable Instruments Act, 1881 Section 138. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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