Cheque Bounce: Interim Compensation Cannot be Awarded Without Giving Reasons, Rules Gujarat HC

Recently, The Gujarat HC ruled that interim compensation cannot be awarded without giving reasons. The bench of Justice Ilesh J. Vora was dealing with the application challenging the order passed by the Additional Chief Metropolitan Magistrate Ahmedabad whereby in an application for grant of interim compensation under Section 143A of the NI Act, 1881, the

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