https://www.taxtmi.com/caselaws?id=752683 Section 148 of the Negotiable Instruments Act, 1881 was construed purposively to regulate deposits at the suspension-of-sentence stage in cheque dishonour appeals. The appellate court may direct deposit of not less than 20% of the fine or compensation awarded by the trial court, and a direction for 50% deposit was inconsistent with that statutory framework. The deposit condition was therefore reduced to 20% within sixty days. The court also held that interim bail could continue during the appeal, but it would stand cancelled if the modified deposit condition was not complied with. en-us Wed, 01 May 2024 00:00:00 +0530 Thu, 16 May 2024 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752683 Section 148 of the Negotiable Instruments Act, 1881 was construed purposively to regulate deposits at the suspension-of-sentence stage in cheque dishonour appeals. The appellate court may direct deposit of not less than 20% of the fine or compensation awarded by the trial court, and a direction for 50% deposit was inconsistent with that statutory framework. The deposit condition was therefore reduced to 20% within sixty days. The court also held that interim bail could continue during the appeal, but it would stand cancelled if the modified deposit condition was not complied with. Case-Laws Indian Laws Wed, 01 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752683