https://www.taxtmi.com/highlights?id=66265 Dishonor of Cheque - Grant of interim compensation - Although no guidelines for grant of interim compensation have been laid down in Section 143-A of the NI Act, yet it is a settled law that whenever a discretionary power is to be exercised by a Court, the same has to be exercised on well-recognized principles supported by reasons. The court has to spell out the reasons for grant of interim compensation in favour of the complainant and it has also to justify in its order - HC en-us Mon, 31 Oct 2022 08:13:00 +0530 Sun, 30 Oct 2022 21:37:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66265 Dishonor of Cheque - Grant of interim compensation - Although no guidelines for grant of interim compensation have been laid down in Section 143-A of the NI Act, yet it is a settled law that whenever a discretionary power is to be exercised by a Court, the same has to be exercised on well-recognized principles supported by reasons. The court has to spell out the reasons for grant of interim compensation in favour of the complainant and it has also to justify in its order - HC Highlights Indian Laws Mon, 31 Oct 2022 08:13:00 +0530 https://www.taxtmi.com/highlights?id=66265