Manoj J.Chirayath v. Sukanya Kuries and Loans Pvt.Ltd
Case brief
What is this about?
Revision against conviction and sentence for cheque-bounce under Section 138 N.I. Act confirmed. Imprisonment sentence quashed; fine of Rs.1,27,000 imposed enforceable as compensation with default imprisonment provision.
What did the court decide?
Imprisonment sentence set aside; fine of Rs.1,27,000 ordered payable as compensation with 3 months default imprisonment.