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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - Requirement to deposit of the amount - the ...

Indian Laws

June 29, 2021

Dishonor of Cheque - Requirement to deposit of the amount - the word used in Section 138 is "fine" and therefore, discretion is available to the Court under Section 148 to impose condition for preferring an Appeal to deposit minimum of 20% of the "fine" or "compensation" Awarded by the trial Court. - considering the financial crunch that the accused will have to face in this trying time, the Court deems it fit to directed the accused to deposit 20% of compensation instead directing to deposit 20% of the fine imposed - HC

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