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    <title>2022 (7) TMI 415 - BOMBAY HIGH COURT</title>
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    <description>The Court determined that Section 143-A of the Negotiable Instruments Act is discretionary, not mandatory, granting the Court the power to direct interim compensation based on each case&#039;s circumstances. If interim compensation is awarded, the Court must provide reasons for the quantum, which can be up to 20% of the cheque amount. The previous orders were quashed, and the matters were remanded for fresh consideration by the Special Court in accordance with these findings.</description>
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      <description>The Court determined that Section 143-A of the Negotiable Instruments Act is discretionary, not mandatory, granting the Court the power to direct interim compensation based on each case&#039;s circumstances. If interim compensation is awarded, the Court must provide reasons for the quantum, which can be up to 20% of the cheque amount. The previous orders were quashed, and the matters were remanded for fresh consideration by the Special Court in accordance with these findings.</description>
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