https://www.taxtmi.com/caselaws?id=783839 In a challenge to conviction under Section 138 of the Negotiable Instruments Act, 1881, suspension of sentence was held to be ordinarily subject to the statutory deposit requirement under Section 148, namely deposit of at least 20% of the fine or compensation. Exemption from deposit is available only in exceptional circumstances and must be supported by recorded reasons. As no amount had been deposited despite repeated opportunities, and the asserted financial incapacity was found inconsistent with the petitioner's prior conduct and settlement willingness, no exceptional ground or patent illegality was shown. The applications were therefore rejected. en-us Fri, 19 Dec 2025 00:00:00 +0530 Mon, 22 Dec 2025 17:29:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783839 In a challenge to conviction under Section 138 of the Negotiable Instruments Act, 1881, suspension of sentence was held to be ordinarily subject to the statutory deposit requirement under Section 148, namely deposit of at least 20% of the fine or compensation. Exemption from deposit is available only in exceptional circumstances and must be supported by recorded reasons. As no amount had been deposited despite repeated opportunities, and the asserted financial incapacity was found inconsistent with the petitioner's prior conduct and settlement willingness, no exceptional ground or patent illegality was shown. The applications were therefore rejected. Case-Laws Indian Laws Fri, 19 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783839