Bombay High Court Considers Challenge to Mandatory 20% Deposit Condition Under Section 148 of Negotiable Instruments Act in Cheque Bounce Appeals. Interpretation of 'May' and 'Shall' in Section 148(1) and Requirement of Reasons for Exceptional Waiver Examined in Light of Supreme Court Precedents.
4 Aug 2025The matter involved cross criminal writ petitions before the Bombay High Court arising from four cheque dishonour complaints under Section 138 of the ...
