https://www.taxtmi.com/caselaws?id=403211 The High Court set aside the trial court's judgment of acquittal, finding the respondent guilty under Section 138 of the NI Act. The respondent was sentenced to pay a fine of Rs. 4,05,000, with Rs. 4,00,000 as compensation to the appellant and Rs. 5,000 to be deposited to the state. Failure to pay would result in one year of simple imprisonment. The court directed the registry to transmit the order for further proceedings. en-us Fri, 23 Oct 2020 00:00:00 +0530 Fri, 22 Jan 2021 10:46:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403211 The High Court set aside the trial court's judgment of acquittal, finding the respondent guilty under Section 138 of the NI Act. The respondent was sentenced to pay a fine of Rs. 4,05,000, with Rs. 4,00,000 as compensation to the appellant and Rs. 5,000 to be deposited to the state. Failure to pay would result in one year of simple imprisonment. The court directed the registry to transmit the order for further proceedings. Case-Laws Indian Laws Fri, 23 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403211