https://www.taxtmi.com/caselaws?id=342007 The Supreme Court allowed the appeal, acquitted the appellant of the charge under Section 138 of the Negotiable Instruments Act, and outlined terms for settlement. The appellant agreed to pay a total of Rs. 6,00,000, including Rs. 3,00,000 already deposited. The respondents could withdraw the deposited amount with interest, and the appellant had three months to pay the remaining Rs. 3,00,000. Failure to pay within the specified time would lead to contempt proceedings. The appellant's son represented him and was required to file an undertaking affidavit within a week. en-us Mon, 27 Mar 2017 00:00:00 +0530 Sat, 22 Apr 2017 06:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342007 The Supreme Court allowed the appeal, acquitted the appellant of the charge under Section 138 of the Negotiable Instruments Act, and outlined terms for settlement. The appellant agreed to pay a total of Rs. 6,00,000, including Rs. 3,00,000 already deposited. The respondents could withdraw the deposited amount with interest, and the appellant had three months to pay the remaining Rs. 3,00,000. Failure to pay within the specified time would lead to contempt proceedings. The appellant's son represented him and was required to file an undertaking affidavit within a week. Case-Laws Indian Laws Mon, 27 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342007