138 NI Act
vinod bansal
(Querist) 25 November 2008
This query is : Resolved
Sir
I filed a complainant us 138 of NI Act after dishonour a cheque of Rs. 5,00000/- Court allowed my complaint & in addition with fine & one year imprisonment ordered for compensation of Rs. 5,00000/- now plz tell me how can i recover this compensation amount from accused.Thanx
Adv.Shine Thomas
(Expert) 26 November 2008
You can file a release petition for the amount.
A. A. JOSE
(Expert) 26 November 2008
Unless the defendent has already moved the superior court and obtained stay against the lower courts order, you may move the release petition .
K.C.Suresh
(Expert) 27 November 2008
Wait for the appeal period and then move the petition to release the amount.