https://www.taxtmi.com/caselaws?id=437618 The Court upheld the orders quashing the petitioners' conviction under Section 138 of the Negotiable Instruments Act. The petitioners were directed to deposit 20% of the fine amount, failing which the suspension of their sentence was vacated. The Court rejected the waiver of the fine deposit and emphasized the mandatory nature of Section 148 NI Act. The decision aligned with the Supreme Court's stance that non-payment of the fine could lead to the vacation of the suspension of sentence. The petitioners were given a deadline to comply, failing which surrender before the Trial Court was required. en-us Mon, 01 May 2023 00:00:00 +0530 Thu, 11 May 2023 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437618 The Court upheld the orders quashing the petitioners' conviction under Section 138 of the Negotiable Instruments Act. The petitioners were directed to deposit 20% of the fine amount, failing which the suspension of their sentence was vacated. The Court rejected the waiver of the fine deposit and emphasized the mandatory nature of Section 148 NI Act. The decision aligned with the Supreme Court's stance that non-payment of the fine could lead to the vacation of the suspension of sentence. The petitioners were given a deadline to comply, failing which surrender before the Trial Court was required. Case-Laws Indian Laws Mon, 01 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437618