Cheque Bounce Interim Compensation Case High Court Chandigarh

Cheque Bounce Interim Compensation Case High Court Chandigarh

The Punjab and Haryana High Court at Chandigarh has reinforced that trial courts can direct the accused to pay up to 20% of the cheque amount as interim compensation under Section 143A of the Negotiable Instruments Act. Furthermore, under Section 148, appellate courts may require a 20% deposit of the fine/compensation, though it is not … Read more

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