Cheque dishonour dispute under Section 138 resolved on fair consensual terms, with the special leave petition disposed of.

Challenge to the setting aside of a conviction and sentence for cheque dishonour under Section 138 of the Negotiable Instruments Act was resolved on the basis of consensual terms. The Supreme Court found those terms fair and reasonable and, on that basis, disposed of the special leave petition.

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Outcome: The Special Leave Petition was disposed of in terms of the consensual settlement recorded between the parties, with the order having no impact on the pending arbitration proceedings.

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