Section 148 NI Act | Deposit Of 20% Amount Is Not An Absolute Rule, Says Supreme Court

The Supreme Court observed that deposit of minimum 20% amount under Section 148 of Negotiable Instruments Act as a condition to suspend sentence is not an absolute rule. When a Appellate Court considers the prayer under Section 389 Cr.P.C. of an accused who has been convicted for offence under Section 138 of the Negotiable Instruments Act, it can consider whether it is an exceptional case which warrants grant of suspension of sentence without imposing the condition of deposit of 20% of the fine/compensation amount, the Court observed.

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