S.143A NI Act | Application Of Mind, Consideration Of Certain Factors By Magistrate Essential To Decide Quantum Of Interim Compensation: J&K High Court
LIVELAW NEWS NETWORK
22 July 2024 5:00 PM IST

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22 July 2024 5:00 PM IST
Quashing an order of the Judicial Magistrate 1st Class (1st Additional Munsiff), Srinagar, for granting interim compensation under Section 143-A of the Negotiable Instruments Act (NI Act) the Jammu and Kashmir and Ladakh High Court has emphasised on the proper application of mind on part of the Magistrate to decide the interim compensation.Highlighting the factors that need to be considered...
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