Rajeev Kumar Mishra v. State of U.P. Thru. Addl.Chief Secy. Home Lko. and Another
Case brief
What is this about?
In an application to quash Section 138 NI Act proceedings, the High Court directed the applicant to deposit half the cheque amount. Upon deposit, he could file for compounding, allowing the case to proceed against the other partner.
What did the court decide?
Direction to deposit half the cheque amount; upon deposit, applicant to move for compounding; no coercive action for one month.