Surendra Jain S/O Prakash Chand Jain v. Ashok Kumar S/O Banwari Lal
Case brief
What is this about?
The petitioner challenged the trial court's order upholding an interim compensation award under Section 138 NI Act. The High Court declined to interfere, noting that Section 143A of the NI Act provides mechanisms for recovery, and disposed of the petitions with liberty to the petitioner to file applications regarding interim compensation.
What did the court decide?
Petitions disposed of with liberty to petitioner to file appropriate applications for securing interim compensation amount if succeeded.