Home
PracticeDebt RecoveryDRT ProceedingsSARFAESI EnforcementCheque Bounce — NI ActBanking & NPAHigh-Value RecoveryPromoter & GuarantorNRI Recovery IndiaARC & NPA Portfolio
City OfficesDelhiMumbaiBangaloreChennaiHyderabadKolkata
The FirmAbout the ChambersOur TeamCareers — Join UsTop Law Firms India
ResourcesLegal SearchLegal ResourcesBare ActsLegal GlossaryCase LawBlog
Contact
Schedule Consultation

Supreme Court of India · NI Act Section 143A · Interim Compensation

Surinder Singh Deswal & Ors.
v. Virender Gandhi

Citation

(2019) 11 SCC 494

Court

Supreme Court of India

Year

2019

Core Holding

Section 143A NI Act interim compensation is discretionary — the Magistrate must apply mind, not mechanically order in every case. Non-compliance is grounds to refuse stay of sentence in appeal. Acquittal triggers refund with interest.

Frequently Asked Questions

What is Section 143A NI Act and what did Surinder Singh Deswal decide?

Section 143A was inserted by the Negotiable Instruments (Amendment) Act, 2018 to address the severe pendency of cheque bounce cases. It empowers the Magistrate to direct the accused to pay interim compensation up to 20% of the cheque amount at the stage of framing of charge (or first hearing after the accused pleads not guilty). Surinder Singh Deswal v Virender Gandhi [(2019) 11 SCC 494] clarified that the power under Section 143A is discretionary — the Magistrate must apply their mind to the circumstances and is not obliged to mechanically direct payment in every case.

What are the consequences of not paying Section 143A interim compensation?

If the accused fails to pay the interim compensation ordered under Section 143A within 60 days (extendable by 30 days by court), the court may treat this non-compliance as a ground to refuse suspension of sentence during appeal under Section 148. More critically, Surinder Singh Deswal confirmed that non-payment of interim compensation, combined with an appeal against conviction, can result in the appellate court refusing bail or declining to stay sentence execution. The provision is designed to ensure that accused persons cannot use litigation as a delay tactic without any immediate consequence.

Is interim compensation under Section 143A refundable on acquittal?

Yes. Section 143A(4) provides that if the accused is acquitted, the court shall direct the complainant to repay the interim compensation with interest at the prevailing bank rate from the date of payment. This safeguard ensures that Section 143A is not used as a punitive measure against an ultimately innocent accused. The refund provision makes the interim compensation a security deposit rather than a final penalty.

NI Act GuideCheque Bounce LawyerMeters & InstrumentsCase Law

Cheque Bounce & Section 143A

Advocate Subodh Bajpai · Unified Chambers and Associates

Request Consultation+91 84008 60008
Free ConsultWhatsAppCall Now
WhatsApp