Sri Bharat Chetia v. Sri Rituparna Das
Case brief
What is this about?
Interim application in a pending cheque-dishonour appeal seeking release of the 25 percent fine amount deposited under Section 148(3) NI Act. The court allowed the petitioner-complainant to withdraw Rs. 2,25,000/- from the Registry during the pendency of the appeal, subject to filing an indemnity bond.
What did the court decide?
Petitioner allowed to withdraw Rs. 2,25,000/- (25% fine deposit) pending appeal, subject to indemnity bond.