Whether Section 143A NI Act [Interim Compensation] Has Retrospective Application: SC Reserves Judgment [Read Petition]

The Supreme Court might soon give a definite answer to an important legal issue whether Section 143A of the Negotiable Instrument Act has retrospective operation or not? The bench comprising Justice Uday Umesh Lalit and Justice Vineet Saran has concluded hearing a Special Leave Petition [GJ Raja vs. Tejraj Surana] against a Madras High Court order on this issue. The bench has...