Rajiv Aggarwal v. State of Punjab & Ors.
Case brief
What is this about?
High Court of Punjab and Haryana allowed a revision petition against conviction for cheque dishonour under Section 138 NI Act. The court acquited the petitioner based on a compromise and deposit of 15% of the cheque amount as costs.
What did the court decide?
Accused acquitted on basis of composition; deposit of fifteen percent of cheque amount Rs. 4 lacs within four months with Member Secretary, Punjab State Legal Services Authority, Chandigarh.