When Can Courts Waive Mandatory 20% Deposit under Section 148 NI Act?
Can the waiver of 20% deposit under Section 148 NI Act be granted when rigid enforcement would result in unjust deprivation of the right to appeal? This pressing question lies at the heart of recent judicial deliberations concerning the recovery of debts under the Negotiable Instruments Act. In the case of Arjun Walia vs. Tarun Batra The High Court of […]
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