<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>INTERIM COMPENSATION UNDER SECTION 143A OF NEGOTIABLE INSTRUMENTS ACT, 1881 – WHETHER MANDATORY OR DISCRETIONARY?</title>
    <link>https://www.taxtmi.com/article/detailed?id=10051</link>
    <description>Section 143A authorises courts trying dishonour-of-cheque offences to order interim compensation-capped at twenty percent-at defined stages, to be paid within prescribed periods subject to limited extension; mandates repayment with bank-rate interest on acquittal; and directs that any final fine or compensation be reduced by amounts paid or recovered as interim compensation.</description>
    <language>en-us</language>
    <pubDate>Wed, 20 Oct 2021 09:38:05 +0530</pubDate>
    <lastBuildDate>Wed, 20 Oct 2021 09:38:05 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=658984" rel="self" type="application/rss+xml"/>
    <item>
      <title>INTERIM COMPENSATION UNDER SECTION 143A OF NEGOTIABLE INSTRUMENTS ACT, 1881 – WHETHER MANDATORY OR DISCRETIONARY?</title>
      <link>https://www.taxtmi.com/article/detailed?id=10051</link>
      <description>Section 143A authorises courts trying dishonour-of-cheque offences to order interim compensation-capped at twenty percent-at defined stages, to be paid within prescribed periods subject to limited extension; mandates repayment with bank-rate interest on acquittal; and directs that any final fine or compensation be reduced by amounts paid or recovered as interim compensation.</description>
      <category>Articles</category>
      <law>Other Topics</law>
      <pubDate>Wed, 20 Oct 2021 09:38:05 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=10051</guid>
    </item>
  </channel>
</rss>