R.Balakrishnan v. Kerala Financial Corporation and Another
Case brief
What is this about?
The High Court of Kerala disposed of the criminal revision petition confirming the conviction for cheque dishonour under Section 138 NI Act but modified the sentence to conditional imprisonment contingent on payment of compensation.
What did the court decide?
Petitioner to pay Rs. 60,000 compensation to first respondent within four months or undergo simple imprisonment of three months; conviction confirmed.