Supreme Court of India · 2019-07-30
G. J. Raja vs Tejraj Surana
- Citation / case number
- AIR 2019 SUPREME COURT 3817
- Court
- Supreme Court of India
- Petitioner
- G. J. Raja
- Respondent
- Tejraj Surana
- Author
- Uday Umesh Lalit
- Bench
- Vineet Saran, Uday Umesh Lalit
Judgment text excerpt
The Supreme Court upheld the application of Section 143A of the Negotiable Instruments Act, 1881, which allows for interim compensation in cases of cheque dishonor under Section 138. The Court confirmed the High Court's decision to reduce the interim compensation from 20% to 15% of the cheque amount, emphasizing the legislative intent to provide immediate relief to the complainant. The Court directed the Appellant to deposit the ordered amount in the Trial Court, which should be invested until further orders.