https://www.taxtmi.com/caselaws?id=402277 The High Court of Madras clarified the interpretation of section 148 of the Negotiable Instruments Act, correcting an error in the impugned order that directed the petitioner to deposit 20% of the cheque amount. The Court set aside this direction and instead instructed the petitioner to deposit 20% of the Rs. 10,000 fine imposed by the trial court. Furthermore, in light of the pandemic situation affecting court proceedings, the Court urged the expeditious disposal of the Criminal Appeal. en-us Tue, 18 Aug 2020 00:00:00 +0530 Mon, 28 Dec 2020 09:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402277 The High Court of Madras clarified the interpretation of section 148 of the Negotiable Instruments Act, correcting an error in the impugned order that directed the petitioner to deposit 20% of the cheque amount. The Court set aside this direction and instead instructed the petitioner to deposit 20% of the Rs. 10,000 fine imposed by the trial court. Furthermore, in light of the pandemic situation affecting court proceedings, the Court urged the expeditious disposal of the Criminal Appeal. Case-Laws Indian Laws Tue, 18 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402277