K.M.Sasi v. K.K.Kunhikanaran and Another
Case brief
What is this about?
Court confirmed conviction for cheque dishonour under Section 138 NI Act but modified sentence to a fine of Rs.50,000 payable as compensation, with default imprisonment for three months if unpaid.
What did the court decide?
Fine of Rs. 50,000 imposed as compensation; default sentence of three months simple imprisonment if fine not paid within four months.