https://www.taxtmi.com/caselaws?id=442938 In an appeal from a conviction under Section 138 of the Negotiable Instruments Act, the Supreme Court held that the amended Section 148 requires a purposive reading: the appellate court may ordinarily direct deposit of not less than 20% of the fine or compensation, but that requirement is not absolute. Where insisting on the deposit would be unjust or would effectively deprive the appellant of the right of appeal, the court may dispense with it for recorded reasons. The lower courts erred in treating the deposit condition as mandatory in every case, and the matter was remitted to the High Court for reconsideration. en-us Mon, 04 Sep 2023 00:00:00 +0530 Thu, 06 Feb 2025 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442938 In an appeal from a conviction under Section 138 of the Negotiable Instruments Act, the Supreme Court held that the amended Section 148 requires a purposive reading: the appellate court may ordinarily direct deposit of not less than 20% of the fine or compensation, but that requirement is not absolute. Where insisting on the deposit would be unjust or would effectively deprive the appellant of the right of appeal, the court may dispense with it for recorded reasons. The lower courts erred in treating the deposit condition as mandatory in every case, and the matter was remitted to the High Court for reconsideration. Case-Laws Indian Laws Mon, 04 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442938