NI Act | Order For Releasing Interim Compensation Is Interlocutory, Not Intermediate; Revision Petition Not Maintainable Before HC: Karnataka High Court

Mustafa Plumber

12 March 2024 12:00 PM IST

  • NI Act | Order For Releasing Interim Compensation Is Interlocutory, Not Intermediate; Revision Petition Not Maintainable Before HC: Karnataka High Court

    The Karnataka High Court has held that a revision petition against an order passed under Section 148 (3) of the Negotiable Instruments Act, 1881, for the release of interim compensation, is not maintainable before the High Court.A single judge bench of Justice H P Sandesh held “Here is a case of releasing of the amount, which is in deposit under Section 148(3) and the same does not amount...

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