Section – 143 & 148 – Interim Relief for the Complainant in the Cheque Bouncing Case.

Aim of this amendment is to curb out the unnecessary burden of the cases filed where there are chances people will  try to resolve among themselves by way of settlement or mediation.

Synopsis: –

1. A sum of 20% of the bounced cheque be deposited within 60 days from the date of the order and further extention of 30 days may be granted by the Court if deems fit.

2. Incase, the drawer is acquited, the said sum be complusarily refunded back to the drawer and the said repayment be made within 60 days from the date of the Order.