Company of Management For Baranager, Jute Facotry Vs. Atis Dipanker Chowdri- on cause of action

Lawzonline.com

Home

Discussion Forum

Communities

Professional Search

Law Dictionary

Bare Acts

Law Schools

State Bare Acts

Free Judgement Search

Law quotes

Articles | Humor | Law Digest

Search Law digest:

Index > Banking Law-Dishonour of Cheques

Company of Management For Baranager, Jute Facotry vs. Atis Dipanker Chowdri

JT 2001 (1) SC 325= 2001 CR. L.J. 708 (SC)= (2001) 1 SCC 631= AIR 2001 SC 518

The date of cause of action is the date of expiry of 15 days of the receipt of the notice under clause (b) of the proviso.

“The date of cause of action is the date of expiry of 15 days of the receipt of the notice under clause (b) of the proviso. So the real cause of action giving rise to right of prosecution arises from the failure of the drawer of the Cheque to make payment to the payee and not from the date of return of the Cheque by the bank”