https://www.taxtmi.com/caselaws?id=384184 In a cheque dishonour matter, the Court found no basis to enhance compensation interest from 9% to 16% per annum, holding that the trial court's calculation was neither illegal nor perverse on the material before it. It also held that reduction of sentence to till rising of the Court could not stand because the appellate court had given no adequate reasons, especially in light of the accused's non-compliance with the cheque liability and the need for a reasoned sentencing exercise under the statutory framework. The conviction under Section 138 of the Negotiable Instruments Act was affirmed, the enhancement challenge failed, and the sentence was remitted for reconsideration. en-us Fri, 02 Aug 2019 00:00:00 +0530 Thu, 08 Aug 2019 07:37:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384184 In a cheque dishonour matter, the Court found no basis to enhance compensation interest from 9% to 16% per annum, holding that the trial court's calculation was neither illegal nor perverse on the material before it. It also held that reduction of sentence to till rising of the Court could not stand because the appellate court had given no adequate reasons, especially in light of the accused's non-compliance with the cheque liability and the need for a reasoned sentencing exercise under the statutory framework. The conviction under Section 138 of the Negotiable Instruments Act was affirmed, the enhancement challenge failed, and the sentence was remitted for reconsideration. Case-Laws Indian Laws Fri, 02 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384184