K.R.RAJEENDRAN Vs. STATE OF KERALA

JUDGEMENT

(1.) This petition is filed seeking to set aside Annexure A1 order passed by Judicial First Class Magistrate Court-III, Cherthala in CMP No.70/2021 in ST No.201/2019.

(2.) ST No.201/2019 is a prosecution launched under Section 138 of the Negotiable Instruments Act, 1881 (for short 'N.I. Act'). CMP No. 70/2021 was filed by the complainant, who is the respondent herein, under Section 143A N.I. Act seeking for a direction to the petitioner to deposit 20% of the cheque amount as interim compensation.

(3.) Notice was issued to the petitioner/accused. He filed written objection contending that the transaction as alleged was not occurred. It is further contended that a blank signed cheque was given in the year 2007 during a transaction with the husband of the petitioner. It was further contended that the amendment introducing Section 143A into the N.I. Act has only prospective operation. The application was sought to be dismissed for the reasons. 3. The learned Magistrate heard both sides and found that the direction issued under Section 143A to pay interim compensation to the complainant is mandatory. Accordingly the court has directed the petitioner to pay Rs.38,000/- being 20% of the cheque amount as interim compensation to the complainant. A further direction was also issued to the petitioner to pay the amount within 60 days from the date of the order.