Order 1

Order Details: COPY OF ORDER
Pdf Text: CA No. 181/2026
MANOJ PANDEY
Vs.
SARAN THRIFT AND CREDIT CO-OPERATIVES SOCIETY LTD.
04.07.2026
Fresh appeal has been received by way of assignment. It be
checked and registered as per rules.
Pr:- Sh. Ujjval Gupta, Ld. Counsel for the appellant along with
appellant in person.
Ld. Counsel for appellant requests for stay on impugned
judgment dated 10.04.2026 vide which the appellant was convicted for
offences under Section 138 of NI Act and order on sentence dated
25.05.2026.
Submissions heard. Record perused.
Vide order on sentence dated 25.05.2026 passed by Ld. Trial
Court, appellant was sentenced to pay Rs.2,70,000/- as compensation
to the complainant within 30 days and in default of payment of
compensation, the appellant was sentenced to undergo simple
imprisonment for a period of 01 month. It was further ordered that if
the compensation was not paid in time the same shall be recoverable as
per provision of Section 471 BNSS r/w 461 BNSS irrespective of the
default simple imprisonment.
An application seeking suspension of sentence dated 25.05.2026
and for grant of bail is pressed on behalf of the complainant.
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Considering the submissions made and totality of circumstances,
the appellant is directed to deposit 20% of the compensation amount by
way of FDR in the name of Court on or before the NDOH in terms of
section 148(1) of NI Act. Subject to deposition of aforesaid
compensation amount, operation of the sentence dated 25.05.2026 is
hereby suspended under Section 430 BNSS till pendency of the present
appeal.
Appellant is further admitted to bail on his furnishing a personal
bond in the sum of Rs. 15,000/- alongwith one surety in the like
amount. Bail bond is furnished and same is accepted.
Let notice of appeal be issued to respondent on filing PF and RC
for next date of hearing.
Put up for reply and arguments on 24.10.2026. Trial Court
Record be also called for the date so fixed.
(Akash Jain)
ASJ-04/East/KKD:
Delhi : 04.07.2026m
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