SC: Complainant Not Required to Prove Financial Capacity at Threshold Under S. 138 NI Act

SC: Complainant Not Required to Prove Financial Capacity at Threshold Under S. 138 NI Act

The Supreme Court allowed the appeal and overturned the High Court’s order. Taking into account the accused's age, the Court modified the sentence to a fine of ₹32,00,000, to be paid within four months. It clarified that failure to pay the fine would lead to reinstatement of the original sentence, including imprisonment and fine.

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