J&K&L HC Issues Guiding Factor to Magistrates to Pass Conviction Orders Under NI Act - (29 Nov 2021)
BANKING
Jammu & Kashmir And Ladakh High Court has issued certain guiding factors for Magistrates to consider when they pass conviction orders under Section 138 of the Negotiable Instruments Act, 1881. The Court has stressed that the sentence of fine, whenever imposed by the Criminal Court, upon conviction of accused under Section 138 of N.I. Act, must be sufficient enough to adequately compensate the complainant.
Tags : JAMMU & KASHMIR AND LADAKH HIGH COURT CONVICTION ORDERS UNDER NI ACT
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