Sentence Under Section 138 NI Act Reduced to 'Till Rising of Court' Upon Full Payment of Cheque Amount: Himachal Pradesh High Court
The Himachal Pradesh High Court, in a recent judgment, upheld the conviction of Dinesh Negi under Section 138 of the Negotiable Instruments Act, 1881, for dishonouring a cheque of ₹5,20,000 but reduced the sentence to imprisonment till the rising of the Court, after considering that the accused had deposited the entire compensation amount. Cheque dishonoured for insufficient funds The case arose when Sahil Sood, the complainant, filed a complaint against…