S.148 NI Act | Appellate Court Has Exclusive Discretion To Order Deposit Of Minimum 20% Compensation: Gujarat High Court
The Gujarat High Court has ruled that it is within the sole discretion of the appellate court under Section 148 of the Negotiable Instruments Act, 1881 to order a person convicted under Section 138 for dishonour of cheque to deposit 20% of the compensation or fine awarded by the trial court. The decision was delivered by Justice R.T. Vachhani in the case of Mahadev Enterprise Thro Pruthvi Sanjaybhai Solanki &…
