Related to ni act - appeal
RC Gayatri
(Querist) 06 June 2024
This query is : Resolved
SirÂ
This is in continuation to my earlier query placed in this forum
If I win a NI act case and the accused party goes for appeal how much he has to pay initially ?
Once I heard that 20% of the cheque amount he has to give.
These days I am hearing that in addition to that 20% amount some extra 9% interest ruling came from supreme court. can some one throw light on it.
PLEASE PLEASE PLEASE
T. Kalaiselvan, Advocate
(Expert) 06 June 2024
The information what you are discussing about is just a news relating to the case to which this ruling was decided.
It is not a mandatory provision that it will apply for all the cases.
You may concentrate on your case alone and first get a judgment in your favor.
P. Venu
(Expert) 07 June 2024
Yes, the query is too speculative.
