Viswan V.P. v. Sree Gokulam Chits and Finance Ltd.
Case brief
What is this about?
This Criminal Revision Petition challenged conviction and sentence for cheque dishonour under Sec.138 NI Act. The High Court upheld the conviction but modified the sentence to imprisonment till rising of the court and reduced the fine to the cheque amount, allowing compensation payment.
What did the court decide?
Conviction confirmed; sentence reduced to imprisonment till rising of the court; fine reduced to Rs. 50,240.