Sri Athaulla v. Sri T Mahadeva
Case brief
What is this about?
The petitioner challenged conviction under Section 138 of the NI Act. After the fine amount was deposited and partially withdrawn by the respondent, the Court exercised powers under Section 147 of the NI Act to acquit the petitioner and set aside the costs imposed on the State.
What did the court decide?
Acquittal of the petitioner under Section 147 of the Negotiable Instruments Act; set aside of State expenses.