IBC138 Top 10 Business Strategies to Boost Your Profits in 2025

ibc 138Proceedings under Section 138 of the Negotiable Instruments Act, 1881 for dishonor of cheque cannot continue against a corporate debtor when an order of138. Dishonour of cheque for insufficiency, etc., of funds in the account.— · (a)the cheque has been presented to the bank within a period of six months from