https://www.taxtmi.com/caselaws?id=752560 The Calcutta HC upheld the conviction of the accused under Section 138 of the Negotiable Instruments Act for dishonour of cheque. The court found that the cheque was issued to discharge existing legal liability, demand notice was properly served, and payment was not made despite notice. The trial court's conviction was deemed lawful based on evidence. However, the HC modified the sentence by setting aside the one-month simple imprisonment while maintaining the Rs. 4,00,000 compensation order, noting Rs. 7 lakhs had already been deposited in the trial court. en-us Wed, 01 May 2024 00:00:00 +0530 Mon, 13 May 2024 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752560 The Calcutta HC upheld the conviction of the accused under Section 138 of the Negotiable Instruments Act for dishonour of cheque. The court found that the cheque was issued to discharge existing legal liability, demand notice was properly served, and payment was not made despite notice. The trial court's conviction was deemed lawful based on evidence. However, the HC modified the sentence by setting aside the one-month simple imprisonment while maintaining the Rs. 4,00,000 compensation order, noting Rs. 7 lakhs had already been deposited in the trial court. Case-Laws Indian Laws Wed, 01 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752560