Mr T H Krishnadas v. M/S Form Space Reality LLP
Case brief
What is this about?
Petitioner convicted in a cheque dishonour case sought extension of time to deposit interim compensation ordered under Section 148 NI Act pending appeal. The High Court set aside the appellate court's rejection and granted one further week to deposit, failing which recovery as fine was permitted.
What did the court decide?
Order rejecting extension application set aside; one week granted to deposit interim compensation, failing which recoverable under S.421/431 Cr.P.C.