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Indian Laws - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Dishonor of Cheque - non-payment of 20% of compensation amount ...

Indian Laws

May 22, 2020

Dishonor of Cheque - non-payment of 20% of compensation amount as per Section 148 of N.I. Act - Since, condition stipulated therein has been violated by the respondent, he cannot longer take benefit of the same and plead at this stage that these are his legal right - The respondent cannot be allowed to abuse the process of law and pertinently this aspect has not considered by the learned trial Court.

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