https://www.taxtmi.com/caselaws?id=389177 Compounding of an offence under Section 138 of the Negotiable Instruments Act, 1881 remains permissible after conviction under Section 147 where the parties voluntarily settle the dispute. The complainant affirmed on oath that the compromise was genuine and that the agreed compensation was to be paid, leaving no legal impediment to accepting the settlement. The High Court therefore gave effect to the compromise by setting aside the conviction and sentence, with the result that the petitioner was relieved of the criminal consequences and the complainant was entitled to receive the deposited amount. en-us Thu, 21 Nov 2019 00:00:00 +0530 Thu, 26 Dec 2019 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389177 Compounding of an offence under Section 138 of the Negotiable Instruments Act, 1881 remains permissible after conviction under Section 147 where the parties voluntarily settle the dispute. The complainant affirmed on oath that the compromise was genuine and that the agreed compensation was to be paid, leaving no legal impediment to accepting the settlement. The High Court therefore gave effect to the compromise by setting aside the conviction and sentence, with the result that the petitioner was relieved of the criminal consequences and the complainant was entitled to receive the deposited amount. Case-Laws Indian Laws Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389177