Category: 138 Negotiable Instruments Act
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Imprisonment replaced with enhanced compensation in 138 Negotiable Instruments Act – cheque bouncing case – Supreme Court
Supreme Court modifies the punishment after concurrent finding of conviction by the Trial Court and Appellate Court taking into consideration the fact that the accused was a ‘victim of circumstances’. The punishment of 2 months altered to additional compensation of two months. In a benevolent approach, the Supreme Court had taken a very liberal view…