https://www.taxtmi.com/caselaws?id=437618 Section 148 of the Negotiable Instruments Act, 1881 generally requires a convicted drawer in a cheque dishonour appeal to deposit at least 20% of the fine or compensation awarded by the trial court, and waiver is available only for special reasons. Pendency of the appeal on merits, including reliance on an acquittal in a connected matter, was held insufficient by itself to justify exemption from the statutory deposit. Where suspension of sentence was granted subject to that condition, non-compliance with the deposit requirement provided a valid basis for the appellate court to vacate the suspension. 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 Section 148 of the Negotiable Instruments Act, 1881 generally requires a convicted drawer in a cheque dishonour appeal to deposit at least 20% of the fine or compensation awarded by the trial court, and waiver is available only for special reasons. Pendency of the appeal on merits, including reliance on an acquittal in a connected matter, was held insufficient by itself to justify exemption from the statutory deposit. Where suspension of sentence was granted subject to that condition, non-compliance with the deposit requirement provided a valid basis for the appellate court to vacate the suspension. Case-Laws Indian Laws Mon, 01 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437618