DILIP S. DAHANUKAR vs KOTAK MAHINDRA CO. LTD.

The Supreme Court interpreted Section 357 of the Code of Criminal Procedure, 1973, in conjunction with the Negotiable Instruments Act, 1881, regarding the imposition of fines and compensation. The Court held that the imposition of a fine does not automatically suspend the sentence under Section 357(2) and that the right to appeal under Article 21 cannot impose conditions on the suspension of a sentence. The appeals were dismissed, affirming the lower court's decisions regarding fines and compensation.