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'Interim Compensation Under S.143A Of Negotiable Instruments Act Is Directory Not Discretionary': Chhattisgarh High Court
Shrutika Pandey
2 July 2021 8:18 PM IST
The Chhattisgarh High Court held that Section 143A of the Negotiable Instruments Act, 1881 for compensation is a directory and not discretionary. A single-judge bench of Justice Narendra Kumar Vyas observed that the amendment to Section 143A of the NIA Act upheld the decision of the Judicial Magistrate, which granted compensation of 20% of the cheque amount. The facts are that a complaint...
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