Only)
towards payment of the principal amount (hereinafter referred to as
"Principal Amount Cheque").
ii. Cheque no. 504081, dated 30.09.2010 drawn on Bank ... principal amount (hereinafter referred to as "Interest Amount Cheque").
(Principal Amount Cheque and Interest Amount Cheque are hereinafter
collectively referred
levy fine up to twice the cheque
amount (keeping in view the cheque amount and the
simple interest thereon at 9% per annum ... levy
fine upto twice the cheque amount (keeping in
view the cheque amount and the simple interest
thereon at 9% per annum as the reasonable
levy fine upto twice the cheque
amount (keeping in view the cheque amount
and the simple interest thereon at 9% per
annum as the reasonable ... levy fine up to twice the cheque
amount and keeping in view the cheque amount
and the simple interest thereon at 9% per annum
Developers
F.Y. Principle Interest Principle Interest Total
Amount Cheque amount Cash
(Cheque) (cash)
Principle Interest ... Chomu House Total
F.Y. Principle Interest Principle Interest Principle Interest
Amount Cheque amount Cash
(Cheque) (cash
have not paid the cheque amount within
stipulated period. Therefore, prays to impose the fine at twice
of the cheque amount. Per contra, Ld. Counsel ... along with cheque for the
cheque amount with interest. But the said application was
also opposed by the complainant and matter was not settled.
Further
levy fine up to twice the cheque amount
(keeping in view the cheque amount and the simple interest
thereon at 9% per annum ... levy fine up to twice the cheque amount
(keeping in view the cheque amount and the simple interest
thereon at 9% per annum
costs while ordering deposit
of the cheque amount. After acceptance of the cheque amount along with `5000/-
as interest and costs, the respondent-complainant made ... amount of the cheque. This is because of the provision enabling the court
to levy a fine linked to the cheque amount and the usual
levy fine upto twice the cheque amount (keep-
ing in view the cheque amount and the simple interest thereon
at 9% per annum ... levy fine upto twice the cheque amount keeping in view
the cheque amount and the simple interest thereon at nine per
cent per annum
Court may close
proceedings if accused deposits amount as
assessed by it having regard to cheque
amount, interest/costs, etc, within stipulated
period - Compounding ... fine amount will not
exceed the total cheque amount. The Trial Judge
has imposed fine of Rs.23,10,000/-. However,
since cheque amount
close proceedings if accused deposits amount as
assessed by it having regard to cheque amount,
11
interest/costs, etc., within stipulated period - compounding
at initial ... before the court and deposit the
amount as assessed by the court having regard to cheque
amount, interest and costs etc. In such case, court
