https://www.taxtmi.com/caselaws?id=113391 Offences under section 138 of the Negotiable Instruments Act were treated as compoundable on settlement even at the Supreme Court stage, because the statute's compensatory object supports compromise. Section 147, with its non obstante clause, was described as a special provision that overrides the general compounding scheme under section 320 of the Code of Criminal Procedure for such offences. The Court also approved prospective guidelines, including graded costs for delayed compounding and disclosure requirements to curb multiple complaints arising from the same transaction. en-us Mon, 03 May 2010 00:00:00 +0530 Fri, 29 Aug 2025 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113391 Offences under section 138 of the Negotiable Instruments Act were treated as compoundable on settlement even at the Supreme Court stage, because the statute's compensatory object supports compromise. Section 147, with its non obstante clause, was described as a special provision that overrides the general compounding scheme under section 320 of the Code of Criminal Procedure for such offences. The Court also approved prospective guidelines, including graded costs for delayed compounding and disclosure requirements to curb multiple complaints arising from the same transaction. Case-Laws Indian Laws Mon, 03 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113391