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Indian Laws - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Dishonour of Cheque - interim compensation u/s 143-A of ...

Indian Laws

February 22, 2023

Dishonour of Cheque - interim compensation u/s 143-A of Negotiable Instruments Act - The Act provides the discretion to the court for granting interim compensation not exceeding 20% of the cheque amount. In the present case, learned Trial Court has not exceeded the upper limit of 20%. - Petition dismissed - HC

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