Section 143A NI Act Enabling Court For Payment Of Interim Compensation To Complainant Has Retrospective Application? SC Issues Notice [Read Order]
Ashok Kini
16 April 2019 8:42 PM IST
![Section 143A NI Act Enabling Court For Payment Of Interim Compensation To Complainant Has Retrospective Application? SC Issues Notice [Read Order] Section 143A NI Act Enabling Court For Payment Of Interim Compensation To Complainant Has Retrospective Application? SC Issues Notice [Read Order]](https://www.livelaw.in/h-upload/2019/03/08/750x450_358917-justice-uu-lalit-and-justice-indu-malhotra.jpg)
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16 April 2019 8:42 PM IST
The Supreme Court has issued notice in a special leave petition which raises the issue whether Section 143-A in the Negotiable Instruments Act, has retrospective application or not? This provision, which was introduced last year by an amendment, gives power to the Trial Court to direct the accused to 'pay' an interim compensation which cannot be more than 20% of the 'cheque...
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