KHC
June 5, 2025 at 06:50 AM
🟢 NI Act – A demand notice issued under the proviso (b) to S.138 should be for the cheque amount - If no such demand is made, the notice would fall short of its legal requirement
🟢 NI Act - Demand notice can include other claims or demands such as interest, cost, damages, etc., alongside the cheque amount, as long as they are separated and do not overshadow the demand for the cheque amount
🟢 NI Act - If, in a demand notice, an omnibus demand is made, without specifying what was due under the dishonoured cheque, the notice would be bad
*2025 KHC OnLine 573*
