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    <title>2019 (8) TMI 1782 - BOMBAY HIGH COURT</title>
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    <description>Section 148 of the Negotiable Instruments Act was construed purposively to support speedy disposal of cheque dishonour appeals, so the minimum deposit requirement was treated as the rule and waiver as an exception requiring special reasons. On the facts, the appellate court was found justified in directing deposit of 25% of the compensation amount while suspending sentence in the Section 138 appeal, because the petitioner had been heard, no exceptional circumstances were shown, and the order was interlocutory. The absence of elaborate reasons and reliance on the interim compensation provision in Section 143A did not justify interference. The direction was therefore upheld.</description>
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    <pubDate>Tue, 06 Aug 2019 00:00:00 +0530</pubDate>
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      <title>2019 (8) TMI 1782 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=299589</link>
      <description>Section 148 of the Negotiable Instruments Act was construed purposively to support speedy disposal of cheque dishonour appeals, so the minimum deposit requirement was treated as the rule and waiver as an exception requiring special reasons. On the facts, the appellate court was found justified in directing deposit of 25% of the compensation amount while suspending sentence in the Section 138 appeal, because the petitioner had been heard, no exceptional circumstances were shown, and the order was interlocutory. The absence of elaborate reasons and reliance on the interim compensation provision in Section 143A did not justify interference. The direction was therefore upheld.</description>
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      <pubDate>Tue, 06 Aug 2019 00:00:00 +0530</pubDate>
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