https://www.taxtmi.com/caselaws?id=401631 Section 143A of the Negotiable Instruments Act, 1881, which authorises interim compensation, affects substantive rights and therefore operates prospectively unless the legislature clearly provides otherwise. The Karnataka HC distinguished Section 148, noting that it concerns appeals against conviction and not the application of Section 143A to earlier offences. It held that Section 143A cannot be applied to complaints based on transactions committed before its insertion, and orders directing interim compensation in such pending matters were unsustainable. en-us Mon, 07 Dec 2020 00:00:00 +0530 Tue, 05 Nov 2024 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401631 Section 143A of the Negotiable Instruments Act, 1881, which authorises interim compensation, affects substantive rights and therefore operates prospectively unless the legislature clearly provides otherwise. The Karnataka HC distinguished Section 148, noting that it concerns appeals against conviction and not the application of Section 143A to earlier offences. It held that Section 143A cannot be applied to complaints based on transactions committed before its insertion, and orders directing interim compensation in such pending matters were unsustainable. Case-Laws Indian Laws Mon, 07 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401631