The Court trying an offence under Section 138 of negotiable instrument act may order the drawer...........

Professional Legal Knowledge Negotiable Instrument Act

The Court trying an offence under Section 138 of negotiable instrument act may order the drawer of the cheque to pay interim compensation to the complainant which shall not exceed

30% of the amount of cheque

twenty per cent of the amount of the cheque.

ten per cent of the amount of the cheque.

forty per cent of the amount of the cheque.

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Explanation:

Section 143 A (2) of negotiable instrument act talks about this provision. it says

143A – Power to direct interim compensation- (1) Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), the Court trying an offence under Section 138 may order the drawer of the cheque to pay interim compensation to the complainant-

(a) in a summary trial or summon case, where the drawer pleads not guilty to the accusation made in the complaint; and

(b) in any other case, upon framing charges.

(2) The interim compensation under sub-section (1) shall not exceed twenty per cent of the amount of the cheque