https://www.taxtmi.com/caselaws?id=302326 Section 148(1) of the Negotiable Instruments Act requires an appellant in a Section 138 conviction case to deposit at least 20% of the fine or compensation amount, and Section 148(2) grants sixty days from the order date for such deposit, with only a further extension of up to thirty days on sufficient cause. An appellate court cannot curtail the statutory sixty-day period by directing deposit within a shorter time, so a fifteen-day direction was unsustainable. However, where extension had already been granted, no basis existed for a further three-month enlargement, and only the additional thirty days permitted by statute could be allowed. en-us Tue, 25 Feb 2020 00:00:00 +0530 Mon, 16 May 2022 21:32:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302326 Section 148(1) of the Negotiable Instruments Act requires an appellant in a Section 138 conviction case to deposit at least 20% of the fine or compensation amount, and Section 148(2) grants sixty days from the order date for such deposit, with only a further extension of up to thirty days on sufficient cause. An appellate court cannot curtail the statutory sixty-day period by directing deposit within a shorter time, so a fifteen-day direction was unsustainable. However, where extension had already been granted, no basis existed for a further three-month enlargement, and only the additional thirty days permitted by statute could be allowed. Case-Laws Indian Laws Tue, 25 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302326