Sreekantan, v. Valsala
Case brief
What is this about?
In a criminal revision, the High Court confirmed the conviction under Section 138 NI Act but modified the sentence. The fine was reduced, converted into monetary compensation, and the appellant was granted a four-month instalment period for payment.
What did the court decide?
Fine reduced; converted to compensation of Rs 2,32,000 payable in four monthly instalments starting 1st December 2019; default sentence confirmed.