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Punjab and Haryana High Court
Decided on: 23.11.2022

Negotiable Instruments Act, 1881 (26 of 1881), Section 138, 143-A -- Cheque bounce case – Conditional bail by Trial Court with deposit of interim compensation of 20% of cheque amount -- Section 143A of Act, 1881 was introduced w.e.f. 01.09.2018 – Submission that entire process of filing complaint took place prior to insertion of Section 143A of N.I Act and Section 143A of N.I. Act is not retrospective in nature – Issue involved in the present petition is squarely covered by judgment of Hon'ble Supreme Court in G.J. Raja’s case 2019(19) SCC 469 -- Impugned order qua imposition of condition of payment of interim compensation while granting bail quashed.

(Para 1-5)

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