In an appeal by the drawer against conviction under section 138 of the Negotiable Instruments Act, the…
Section 148 of the Negotiable Instruments Act, 1881 specifies twenty percent as the minimum deposit when the appellate court orders a deposit in an appeal against conviction…
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In an appeal by the drawer against conviction under section 138 of the Negotiable Instruments Act, the Appellate Court may order the appellant to deposit such sum which shall be a minimum of __________ of the fine or compensation awarded by the trial court.
Answer and explanation
Correct answer B
Section 148 of the Negotiable Instruments Act, 1881 specifies twenty percent as the minimum deposit when the appellate court orders a deposit in an appeal against conviction under section 138. The percentage is calculated on the fine or compensation awarded by the trial court. The provision distinguishes the discretion to order a deposit from the minimum amount of a deposit so ordered.
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