https://www.taxtmi.com/caselaws?id=395413 The appellate court confirmed the accused's conviction under Section 138 of the Negotiable Instruments Act for issuing a dishonored cheque to settle a debt. The sentence was modified to imprisonment till the rising of the court and a reduced default sentence of 45 days. The court upheld the complainant's financial capacity to lend the amount and dismissed the accused's claim of the cheque being misused. The court affirmed the compensation amount equivalent to the cheque value and granted a six-month extension for payment due to financial constraints from the Covid-19 pandemic. en-us Wed, 20 May 2020 00:00:00 +0530 Thu, 21 May 2020 10:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395413 The appellate court confirmed the accused's conviction under Section 138 of the Negotiable Instruments Act for issuing a dishonored cheque to settle a debt. The sentence was modified to imprisonment till the rising of the court and a reduced default sentence of 45 days. The court upheld the complainant's financial capacity to lend the amount and dismissed the accused's claim of the cheque being misused. The court affirmed the compensation amount equivalent to the cheque value and granted a six-month extension for payment due to financial constraints from the Covid-19 pandemic. Case-Laws Indian Laws Wed, 20 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395413