https://www.taxtmi.com/caselaws?id=798619 Section 148(3) of the Negotiable Instruments Act requires a complainant to repay, with stipulated interest, any amount released during an appeal when the accused is acquitted. Although a repayment direction would ordinarily be made by the appellate court, a trial-court direction was not disturbed where the complainant had undertaken repayment before the appellate court, the amount was subsequently deposited under court directions, and repayment was not promptly made. The complainant therefore remained obliged to refund the released amount following acquittal. en-us Wed, 09 Sep 2026 00:00:00 +0530 Thu, 10 Sep 2026 08:51:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798619 Section 148(3) of the Negotiable Instruments Act requires a complainant to repay, with stipulated interest, any amount released during an appeal when the accused is acquitted. Although a repayment direction would ordinarily be made by the appellate court, a trial-court direction was not disturbed where the complainant had undertaken repayment before the appellate court, the amount was subsequently deposited under court directions, and repayment was not promptly made. The complainant therefore remained obliged to refund the released amount following acquittal. Case-Laws Indian Laws Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798619