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Head Note

The Negotiable Instruments Act, 1881  - Section 138

Conviction - Ld. Magistrate viewed - Imposition of fine - Payable as compensation - Sufficient to meet ends of justice - High Court confirmed - Increased fine - Supreme Court- No interference order of High Court- Increasing amount of compensation- Further sum of Rs.2 lakhs - Appeal partly allowed.

Topic(s)-Imposition of fine

Important Decision(s)- NI Act - Sec. 138 - Imposition of fine - Payable as compensation - Fine increasing - Conviction confirmed.