https://www.taxtmi.com/caselaws?id=751487 Section 148 of the Negotiable Instruments Act requires appellate courts in cheque dishonour conviction appeals to ordinarily direct deposit of at least 20% of the fine or compensation. The provision is intended to curb appellate delay, while departure from the minimum deposit rule requires special reasons. Refusal to stay recovery of the entire fine, coupled with automatic cancellation of bail for non-deposit, is inconsistent with the statutory scheme where interim protection is required pending appeal. Conditional protection may therefore continue on deposit of 20% within the prescribed period, with bail remaining operative until disposal of the criminal appeal. en-us Tue, 02 Apr 2024 00:00:00 +0530 Wed, 17 Apr 2024 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751487 Section 148 of the Negotiable Instruments Act requires appellate courts in cheque dishonour conviction appeals to ordinarily direct deposit of at least 20% of the fine or compensation. The provision is intended to curb appellate delay, while departure from the minimum deposit rule requires special reasons. Refusal to stay recovery of the entire fine, coupled with automatic cancellation of bail for non-deposit, is inconsistent with the statutory scheme where interim protection is required pending appeal. Conditional protection may therefore continue on deposit of 20% within the prescribed period, with bail remaining operative until disposal of the criminal appeal. Case-Laws Indian Laws Tue, 02 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751487