Section 148 of the Negotiable Instruments Act, 1881, introduced through the Negotiable Instruments (Amendment) Act, 2018, empowers appellate courts to direct appellants—convicted under Section 138 for cheque dishonor—to deposit a minimum of 20% of the fine or compensation awarded by the trial court during the pendency of an appeal. The primary objective of this provision […]
S.148 NI ACT CONDITION IMPOSING 20% DEPOSITE : ALLAHABAD HIGH COURT Read More »