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Indian Laws - Highlights / Catch Notes

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

Indian Laws

August 24, 2022

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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