Is the date on which a cause of action arose excluded when calculating the period of one month prescribed under section 142(b) of the Negotiable Instruments Act, 1881? Ruling on a reference in Econ Antri Ltd v Rom Industries Ltd & Anr, a three-judge bench of the Supreme Court held that “where a particular time is given from a certain date within which an act has to be done, the day of the date is to be excluded”.
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The update of court judgments is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.
