M/S Krishan K. Mittal and Comapny v. M/S Ludhiana Moulding Pvt. Ltd. and Ors.
Case brief
What is this about?
The High Court dismissed an application seeking leave to appeal against an order imposing monetary penalty for cheque dishonour, holding the compensatory aspect prioritized over punitive imprisonment.
What did the court decide?
Application for leave to appeal dismissed; order below affirmed.