Section 143A of Negotiable Instruments Act on Interim Compensation is not retrospective, SC [Read Judgment]July 31 2019
The Supreme Court yesterday ruled that the Section 143A of the Negotiable Instruments Act, 1881, which provides for payment of interim compensation to the complainant during the pendency of a case, does not have retrospective application.
The judgment was pronounced by a Bench of Justices UU Lalit and Vineet Saran in an appeal against a decision of the Madras High Court.
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