https://www.taxtmi.com/caselaws?id=450391 The Punjab & Haryana HC dismissed a petition challenging the Lower Appellate Court's order requiring 20% compensation deposit for sentence suspension in a dishonored cheque case. The petitioner was convicted under Section 138 of the Negotiable Instruments Act for a Rs.6,00,000 dishonored cheque. The HC held that Section 148 creates a statutory liability making the 20% deposit mandatory, and reasoning is only required when granting exceptions to this requirement. The court found no grounds for exception as the petitioner failed to demonstrate inability to deposit or that the condition would deprive the right to appeal. en-us Thu, 08 Feb 2024 00:00:00 +0530 Tue, 05 Mar 2024 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450391 The Punjab & Haryana HC dismissed a petition challenging the Lower Appellate Court's order requiring 20% compensation deposit for sentence suspension in a dishonored cheque case. The petitioner was convicted under Section 138 of the Negotiable Instruments Act for a Rs.6,00,000 dishonored cheque. The HC held that Section 148 creates a statutory liability making the 20% deposit mandatory, and reasoning is only required when granting exceptions to this requirement. The court found no grounds for exception as the petitioner failed to demonstrate inability to deposit or that the condition would deprive the right to appeal. Case-Laws Indian Laws Thu, 08 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450391