Ravichandra ( ) 06 June 2024
Sir
This is in continuation to my earlier query placed in this forum
If I win a NI act case and the accused party goes for appeal how much he has to pay initially ?
Once I heard that 20% of the cheque amount he has to give.
These days I am hearing that in addition to that 20% amount some extra 9% interest ruling came from supreme court. can some one throw light on it.
PLEASE PLEASE PLEASE
kavksatyanarayana (subregistrar/supdt.(retired)) 06 June 2024
It has already replied to in the Experts' column. Why repeated?
T. Kalaiselvan, Advocate (Advocate) 06 June 2024
Yes he has posted the same question in the experts section that too today only, hence let him visit the experts section to know more answers.
Dr. J C Vashista (Advocate ) 07 June 2024
What is the order passed by appellate court qua the amount to be deposited / paid by appellant / convict / accused (in trial court) ?
There is no such fixed percentage or interest for depositing / payment to respondent / complainant as stated by you.
What makes you to repeat same story time and again, which is absurd and ridiculous.
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