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2022 (9) TMI 893 - HC - Indian LawsDishonor of Cheque - compliance with the condition of deposit of 20% of the fine amount or not - Section 148 of NI Act - HELD THAT:- The contention sans substance as this Court in SYED ISHRATHULLA HUSSAINI VERSUS MR. NOOR AHMED N.M. [2022 (6) TMI 1306 - KARNATAKA HIGH COURT], has clearly interpreted Section 148 of the Act and has directed payment of 20% of the fine amount, is mandatory. The contention of the learned counsel for the petitioner deserves to be rejected and is rejected - Petition dismissed.
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