P.N. Prakash v. K.M. Rajendra & Another
Case brief
What is this about?
The High Court of Kerala confirmed the conviction of the accused for cheque dishonour under Section 138 of the Negotiable Instruments Act. Following Damodar S. Prabhu v. Sayed Babalal, the court modified the sentence from imprisonment to a fine of Rs. 30,000 payable as compensation.
What did the court decide?
Revision petition allowed; conviction confirmed; sentence modified to payment of fine Rs. 30,000 as compensation under Section 357(1) Cr.P.C.; three months default imprisonment if not paid.