M.K.Soman v. State of Kerala
Case brief
What is this about?
High Court confirmed the conviction of the accused for cheque bounce under Section 138 NI Act but modified the sentence. Relying on a Supreme Court decision, the court substituted default imprisonment with a fine payable as compensation. If unpaid within six months, simple imprisonment for three months may ensue.
What did the court decide?
Conviction confirmed. Sentence modified to fine of Rs. 1,50,000 payable as compensation. Default imprisonment of three months if amount not paid within six months.