https://www.taxtmi.com/caselaws?id=362073 A cheque dishonour prosecution under Section 138 of the Negotiable Instruments Act, 1881 was treated as a private commercial dispute. After settlement between the parties and deposit of the compensation amount, the High Court held that continuation of the prosecution would serve no useful purpose and could amount to abuse of process. Applying the principles governing inherent powers, it found that quashing was justified where the offence was not heinous, the dispute was essentially financial, the complainant was willing to receive the amount, and no serious public-interest or economic wrongdoing was involved. The conviction and sentence were set aside and the accused was acquitted. en-us Thu, 31 May 2018 00:00:00 +0530 Tue, 19 Jun 2018 09:29:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362073 A cheque dishonour prosecution under Section 138 of the Negotiable Instruments Act, 1881 was treated as a private commercial dispute. After settlement between the parties and deposit of the compensation amount, the High Court held that continuation of the prosecution would serve no useful purpose and could amount to abuse of process. Applying the principles governing inherent powers, it found that quashing was justified where the offence was not heinous, the dispute was essentially financial, the complainant was willing to receive the amount, and no serious public-interest or economic wrongdoing was involved. The conviction and sentence were set aside and the accused was acquitted. Case-Laws Indian Laws Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362073