About this document
Banking Law Basil by ghanashyamr56 is a document available to read on EtoBox.
The case involves criminal complaints under Section 138 of the N.I. Act, where the trial court convicted the appellants and the Appellate Court directed a deposit of 25% of the compensation amount based on the 2018 Amendment. The judgment concluded that the amendment applies retroactively to cases initiated before its enactment and mandates a deposit of at least 20% of the compensation. This ruling aims to prevent misuse of the appellate process and restore credibility to cheques in commercial transactions.
- Author
- ghanashyamr56
- Language
- EN