Ashraf v. Thomas.D.Kallely
Case brief
What is this about?
In a criminal revision, the High Court upheld the conviction for cheque bounce under Section 138 of the N.I. Act but modified the sentence to a fine of Rs. 3,10,000 with a provision for compensation under Section 357(1)(b) Cr.P.C.
What did the court decide?
The sentence modified to a fine of Rs. 3,10,000; time granted to pay the fine.