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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - requirement of payment of interim ...


Court-Ordered Interim Compensation Required for Cheque Dishonor Cases in India; Follow Prescribed Legal Procedures for Recovery.

August 24, 2022

Case Laws     Indian Laws     SC

Dishonor of Cheque - requirement of payment of interim compensation - The remedy for failure to pay interim compensation as directed by the court is thus provided for by the Legislature. The method and modality of recovery of interim compensation is clearly delineated by the Legislature. It is well known principle that if a statute prescribes a method or modality for exercise of power, by necessary implication, the other methods of performance are not acceptable. - SC

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