Provisions of section 143A of NI Act are directory not Mandatory

Ashwin Ashokrao Karokar Vs Laxmikant Govind Joshi (Bombay High Court)

Held that the provisions of section 143-A of the Negotiable Instruments Act, 1881 are directory and not mandatory as a discretion was conferred upon the Court, to either grant or not to grant interim compensation.

Facts- The respondent/Complainant filed proceedings u/s. 138 of NI Act, in respect of two cheques one issued by the petitioner in favour of the respondent which when presented were dishonoured for insufficient funds in the

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