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of <h1>Offences under Negotiable Instruments Act, 1881, are compoundable, enabling mutual settlements despite contrary provisions in CrPC.</h1> Section 147 of the Negotiable Instruments Act, 1881, states that all offences punishable under this Act are compoundable, despite any provisions to the contrary in the Code of Criminal Procedure, 1973. This means that parties involved in such offences can reach a mutual settlement, allowing the matter to be resolved without further legal proceedings. This provision facilitates the resolution of disputes related to the dishonor of cheques due to insufficient funds in accounts.
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