T.Vasu v. T.N.Veera Sekaran
Case brief
What is this about?
Conviction under Section 138 NI Act with six months simple imprisonment and Rs.21,00,000 fine was under challenge in revision. The High Court suspended the sentence subject to deposit of 50% of the cheque amount within two weeks, execution of a bail bond with two sureties, and monthly appearances before the Magistrate.