Dishonor of Cheque - suspension of sentence and criminal appeal ...
Case Laws Indian Laws
March 5, 2024
Dishonor of Cheque - suspension of sentence and criminal appeal - Validity of imposing a condition of depositing 20% of the compensation amount - statutory liability u/s 148 - Violation of principles of natural justice - The High Court dismissed the petitioner's plea, stating it lacked merit, and imposed no costs. This decision reinforces the statutory obligation of depositing 20% of the compensation amount in cases involving dishonored cheques under the Negotiable Instruments Act, unless exceptional circumstances warrant otherwise.
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