NEWS & UPDATE
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05 June 2019
Supreme Court has observed that cognizance of a complaint filed under Section 138 of the Negotiable Instrument Act can be taken by the Court even after the prescribed period, if the complainant satisfies the Court that he had sufficient cause for not making a complaint within such period.
The Bench comprising of Justices DY Chandrachud and Hemant Gupta made note of this aspect while quashing a Patna High Court verdict. They have observed that a delay in filing a complaint for cheque bouncing can be condoned if the complainant is able to show sufficient reasons to justify the same.