Sh Raman Gambhir v. State of NCT of Delhi & Anr.
Case brief
What is this about?
Conviction under Section 138 NI Act upheld with fine enhanced to Rs 5 lakh plus interest. Petitioner deposited the fine; only interest remained unpaid. On his court undertaking to deposit Rs 2,80,957/- by a fixed date, the High Court disposed of the petition and recalled coercive process against him.
What did the court decide?
Coercive process against petitioner recalled on his undertaking to deposit Rs. 2,80,957/- interest by 01.07.2026; deposited sums to be released to respondent No. 2.