https://www.taxtmi.com/caselaws?id=410671 Section 143A of the Negotiable Instruments Act empowers the trial court to direct interim compensation to the drawer of a cheque, subject to the statutory ceiling of twenty per cent of the cheque amount. In the cited matter, the challenge to that direction was found unsustainable because the petitioners were directors of the company, one was the authorised signatory who signed the cheque, the liability objection had not been raised before the trial court, and the writ petition was brought after substantial delay without deposit of the directed amount. The writ jurisdiction was therefore not invoked to disturb the interim compensation order. en-us Mon, 26 Jul 2021 00:00:00 +0530 Fri, 06 Aug 2021 09:15:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410671 Section 143A of the Negotiable Instruments Act empowers the trial court to direct interim compensation to the drawer of a cheque, subject to the statutory ceiling of twenty per cent of the cheque amount. In the cited matter, the challenge to that direction was found unsustainable because the petitioners were directors of the company, one was the authorised signatory who signed the cheque, the liability objection had not been raised before the trial court, and the writ petition was brought after substantial delay without deposit of the directed amount. The writ jurisdiction was therefore not invoked to disturb the interim compensation order. Case-Laws Indian Laws Mon, 26 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410671