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S.148 NI Act | Appellate Court Has Discretion To Waive Or Order Deposit Of Minimum 20% Fine But It Must Give Reasons: Kerala High Court

The Kerala High Court has held that the Appellate Court has the statutory discretion to either order a deposit or waive the deposit of the fine or compensation amount under Section 148 of the. ....

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S. 148 NI Act - Appellate Court Must Pass A Speaking Order To Order Deposit Of Minimum 20 % Compensation/Fine Amount: Kerala High Court

The Kerala High Court observed that the appellate court has to pass a speaking order by applying its mind for ordering deposit of minimum 20% compensation/fine amount under Section 148 of Negotiable. ....

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