dishonour of cheque
vinod bansal
(Querist) 15 April 2008
This query is : Resolved
I want to know whether compensation awarded by a crl. court in a case us. 138 ni act is similar to fine or not.plz let me know any latest judgment of apex court in this regard.
Prakash Yedhula
(Expert) 15 April 2008
Negotiable Instruments Act, Sections 142 and 138 - Criminal Procedure Code, 1973, Sections 29, 357 and 325 - Conviction of accused under Section 138 - Magistrate is empowered under Section 29 Cr.P.C. to impose Fine not exceeding Rs. 5000 - Magistrate is however competent under Section 357 Cr.P.C. to award any amount of Compensation
2001 AIR(SC) 567