M/S.Karrthekai Trading Company v. a.R.Sundar, Aged 54 Years
Case brief
What is this about?
In a revision under Section 138 of the Negotiable Instruments Act, this court suspended the substantive sentence of one year imprisonment and the payment of Rs.6,00,000/- compensation. The petitioner, the company proprietor, was released on bail with an exemption from surrendering before the trial court pending final disposal.
What did the court decide?
Sentence of one year imprisonment and payment of Rs.6,00,000/- compensation suspended; petitioner released on bail; surrender exempted.