https://www.taxtmi.com/caselaws?id=362107 Concurrent conviction under Section 138 of the Negotiable Instruments Act was sustained because the dishonoured cheque reflected an admitted business liability and the revisional challenge did not disturb the evidence appreciation by the courts below. The defence based on later civil recovery proceedings and execution of a civil decree was not accepted as a voluntary settlement of the cheque dishonour offence. However, applying the compensatory character of the offence, the custodial sentence was modified and substituted with additional compensation payable to the complainant, with the earlier deposited amount directed to be released. en-us Mon, 11 Jun 2018 00:00:00 +0530 Mon, 18 Jun 2018 20:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362107 Concurrent conviction under Section 138 of the Negotiable Instruments Act was sustained because the dishonoured cheque reflected an admitted business liability and the revisional challenge did not disturb the evidence appreciation by the courts below. The defence based on later civil recovery proceedings and execution of a civil decree was not accepted as a voluntary settlement of the cheque dishonour offence. However, applying the compensatory character of the offence, the custodial sentence was modified and substituted with additional compensation payable to the complainant, with the earlier deposited amount directed to be released. Case-Laws Indian Laws Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362107