Bombay High Court Partly Allows Petition Challenging Condition of Deposit in NI Act Appeal Suspension — Reduces 20% Compensation Deposit to 10% for Petitioners in Cheque Dishonour Case. The court held that the appellate court's discretion under Section 148 of the Negotiable Instruments Act must be exercised reasonably, and the condition of deposit was reduced considering the petitioners' financial hardship and prior deposit.
11 Sep 2025The petitioners, M/s Kesuram Khanchand and its proprietor Chandrabhan Kewalramani, were convicted under Section 138 of the Negotiable Instruments Act,...





