Sri. Akshay Gangadhar v. M/S Joni Films
Case brief
What is this about?
A complainant sought quashing of a trial court order that refused to strike out the defence of accused who failed to deposit interim compensation under Section 143(A) NI Act in a Rs.86 lakh cheque dishonour case. Court held non-deposit does not bar cross-examination; recovery possible under Section 421 Cr.P.C.; petition dismissed.
What did the court decide?
None granted to petitioner; liberty noted to recover unpaid interim compensation per Sec.143(A)(5) NI Act read with Secs.421/431 Cr.P.C. as fine.