https://www.taxtmi.com/caselaws?id=448229 Section 148 of the Negotiable Instruments Act ordinarily requires deposit of 20% of the fine or compensation in an appeal against conviction under Section 138, and waiver is available only on recorded exceptional circumstances or special reasons. The High Court noted that the appellate court had considered the insolvency plea but had not adjudicated all the circumstances relied upon, including the medical condition and pending consumer complaints. The matter was therefore remanded for fresh consideration of the waiver request on merits, with the appellate court to decide the issue independently. en-us Wed, 03 Jan 2024 00:00:00 +0530 Mon, 15 Jan 2024 09:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448229 Section 148 of the Negotiable Instruments Act ordinarily requires deposit of 20% of the fine or compensation in an appeal against conviction under Section 138, and waiver is available only on recorded exceptional circumstances or special reasons. The High Court noted that the appellate court had considered the insolvency plea but had not adjudicated all the circumstances relied upon, including the medical condition and pending consumer complaints. The matter was therefore remanded for fresh consideration of the waiver request on merits, with the appellate court to decide the issue independently. Case-Laws Indian Laws Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448229