https://www.taxtmi.com/caselaws?id=765365 Section 143A of the Negotiable Instruments Act, which authorises interim compensation during trial and creates a repayment obligation if the accused is acquitted, is substantive in nature because it imposes a new pre-conviction monetary liability. Applying the presumption against retrospectivity, and in the absence of express or necessary legislative intent, it cannot apply to complaints under Section 138 filed before its commencement on 01.09.2018. Interim compensation orders passed in such pre-commencement complaints were therefore unsustainable. en-us Thu, 16 Jan 2025 00:00:00 +0530 Fri, 31 Jan 2025 07:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765365 Section 143A of the Negotiable Instruments Act, which authorises interim compensation during trial and creates a repayment obligation if the accused is acquitted, is substantive in nature because it imposes a new pre-conviction monetary liability. Applying the presumption against retrospectivity, and in the absence of express or necessary legislative intent, it cannot apply to complaints under Section 138 filed before its commencement on 01.09.2018. Interim compensation orders passed in such pre-commencement complaints were therefore unsustainable. Case-Laws Indian Laws Thu, 16 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765365