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Compliance Engine

Section 138 NI Act — 6 Ingredients

Overall Status

ALL PASSED

6/6 compliance checks verified.

Progress6/6
Section 138 NI Act — 6 Ingredients

#1CHEQUE ISSUED

PASS

A cheque was drawn on an account for discharge of a legally enforceable debt

#2DEBT EXISTS

PASS

A legally enforceable debt or liability exists

#3PRESENTED TO BANK

PASS

Cheque was presented to bank within validity period

#4DISHONOURED

PASS

Cheque was returned unpaid / dishonoured by the bank

#5NOTICE WITHIN 30 DAYS

PASS

Legal notice was sent within 30 days of dishonour

#6PAYMENT NOT MADE 15 DAYS

PASS

Payment was not made within 15 days of receiving the notice

Additional Findings

#1DOCUMENT AUTHENTICITY

FAIL

Settlement documents were properly authenticated

#2ADMISSION OF LIABILITY

REVIEW

Accused admission of liability detected

#3PROOF OF PAYMENT

FAIL

Repayment claim requires documentary evidence