M/S.Karrthekai Trading Company v. S.Natarajan (57)
Case brief
What is this about?
Revision filed against conviction, sentence, and order directing payment of entire cheque amount as compensation under Section 138 NI Act. Court suspended sentence and compensation and exempted surrender pending revision.
What did the court decide?
Substantive sentence, imprisonment, and payment of Rs.9,00,000/- compensation were suspended; petitioner released on bail; surrender exempted.