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S. 148 NI Act | Don't Impose Condition Of Deposit Of Minimum 20% Compensation/ Fine Amount 'Mechanically': Madras HC To District Courts

The Madras High Court has directed the District Courts across the State of Tamil Nadu to not mechanically impose a condition of deposit of 20% of the compensation amount/cheque amount u/s.148 of the. ....

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Section 148 NI Act - Deposit Of Minimum 20% Amount Is Not An Absolute Rule; Can Be Relaxed If Exceptional Case Is Made Out: Supreme Court

The Supreme Court observed that deposit of minimum 20% amount under Section 148 of Negotiable Instruments Act as a condition to suspend sentence is not an absolute rule.When a Appellate Court. ....

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