Topic

Statutory Minimum

1 articleLatest 2 days ago
Section 148 NI Act | Statutory 20% Deposit Floor Non-Negotiable; Appellate Court Lacks Discretion to Reduce : Uttarakhand HC
Case Law Analysis

Section 148 NI Act | Statutory 20% Deposit Floor Non-Negotiable; Appellate Court Lacks Discretion to Reduce : Uttarakhand HC

The Uttarakhand High Court ruled that the 20% deposit under Section 148 NI Act is a statutory floor that appellate courts cannot reduce, holding that a Sessions Judge's reduction to 10% and subsequent bail cancellation for non-compliance with the unlawful condition was impermissible. This safeguards appellants from arbitrary deposit reductions and ensures bail conditions adhere strictly to the statutory mandate.