Maximum fine for commission of offence u/s 138 of NI Act is twice the amount of cheque

M. Shabeer Vs Anitha Bajee (Kerala High Court) Kerala High Court held that statutory provision with regard to punishment provided for commission of offence u/s 138 of Negotiable Instrument Act, 1881 is clear that the maximum fine shall be twice the amount of the cheque and nothing more Facts- The vital question dealt with herein is whether court can grant amount more than twice the amount of cheque as fine? Conclusion- The punishment provided for commission of offence under Section 138 of the N.I Act is imprisonment for a term which may extend to 2 years or with fine, which may extend to twice...