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50% Fine Deposit Mandatory For Appeal Against Conviction For Cheque Bounce: Proposed Amendment
Apoorva Mandhani
14 April 2017 11:36 AM IST
According to an amendment proposed to be introduced in the Negotiable Instruments Act, 1881, a convicted defaulter would have to deposit half of the imposed fine or compensation as a pre-condition for admitting his appeal before an Appellate Court.The Appellate Court, however, has a discretionary power to waive the condition in appropriate cases, albeit after providing reasons for the...
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