https://www.taxtmi.com/caselaws?id=304319 Amended Section 148 of the Negotiable Instruments Act applies to pending appeals against conviction under Section 138 even where the complaint was filed before the amendment. The provision is construed purposively to curb delay in cheque dishonour litigation, and the appellate court must require a minimum deposit of 20% of the fine or compensation awarded by the trial court. The word "may" is treated as imposing this mandatory minimum, leaving no discretion to reduce the deposit below 20%. However, the appellate court retains discretion under sub-section (3) regarding release of the deposited amount during the appeal. en-us Thu, 16 Jun 2022 00:00:00 +0530 Mon, 19 Sep 2022 20:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304319 Amended Section 148 of the Negotiable Instruments Act applies to pending appeals against conviction under Section 138 even where the complaint was filed before the amendment. The provision is construed purposively to curb delay in cheque dishonour litigation, and the appellate court must require a minimum deposit of 20% of the fine or compensation awarded by the trial court. The word "may" is treated as imposing this mandatory minimum, leaving no discretion to reduce the deposit below 20%. However, the appellate court retains discretion under sub-section (3) regarding release of the deposited amount during the appeal. Case-Laws Indian Laws Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304319