https://www.taxtmi.com/caselaws?id=427948 Section 148 of the Negotiable Instruments Act, 1881 was interpreted as requiring a mandatory minimum deposit of 20% of the fine or compensation in an appeal against conviction under Section 138. The court read the amended provision as leaving no discretion to reduce the statutory deposit below that threshold, relying on its text and object of curbing delay and protecting the payee of a dishonoured cheque. The amendment was also treated as applicable to pending appeals even where the complaint had been filed before the amendment, because no vested substantive right of appeal was taken away and the non obstante clause overrode the general Criminal Procedure Code rule. en-us Thu, 18 Aug 2022 00:00:00 +0530 Tue, 20 Sep 2022 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427948 Section 148 of the Negotiable Instruments Act, 1881 was interpreted as requiring a mandatory minimum deposit of 20% of the fine or compensation in an appeal against conviction under Section 138. The court read the amended provision as leaving no discretion to reduce the statutory deposit below that threshold, relying on its text and object of curbing delay and protecting the payee of a dishonoured cheque. The amendment was also treated as applicable to pending appeals even where the complaint had been filed before the amendment, because no vested substantive right of appeal was taken away and the non obstante clause overrode the general Criminal Procedure Code rule. Case-Laws Indian Laws Thu, 18 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427948