https://www.taxtmi.com/highlights?id=75392 Dishonor of Cheque - suspension of sentence and criminal appeal - Validity of imposing a condition of depositing 20% of the compensation amount - statutory liability u/s 148 - Violation of principles of natural justice - The High Court dismissed the petitioner's plea, stating it lacked merit, and imposed no costs. This decision reinforces the statutory obligation of depositing 20% of the compensation amount in cases involving dishonored cheques under the Negotiable Instruments Act, unless exceptional circumstances warrant otherwise. en-us Tue, 05 Mar 2024 11:35:24 +0530 Tue, 05 Mar 2024 11:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75392 Dishonor of Cheque - suspension of sentence and criminal appeal - Validity of imposing a condition of depositing 20% of the compensation amount - statutory liability u/s 148 - Violation of principles of natural justice - The High Court dismissed the petitioner's plea, stating it lacked merit, and imposed no costs. This decision reinforces the statutory obligation of depositing 20% of the compensation amount in cases involving dishonored cheques under the Negotiable Instruments Act, unless exceptional circumstances warrant otherwise. Highlights Indian Laws Tue, 05 Mar 2024 11:35:24 +0530 https://www.taxtmi.com/highlights?id=75392