https://www.taxtmi.com/caselaws?id=400672 Section 138 cheque dishonour proceedings may be compounded even at the revision stage after the parties settle the dispute and the complainant receives the amount due. The text states that Section 147 of the Negotiable Instruments Act makes such offences compoundable at any stage, and that delayed compounding may be allowed subject to costs in line with Supreme Court guidelines. Where compounding is permitted on payment of the stipulated cost, the conviction and sentence are set aside and the accused is acquitted. en-us Wed, 04 Nov 2020 00:00:00 +0530 Fri, 13 Nov 2020 08:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400672 Section 138 cheque dishonour proceedings may be compounded even at the revision stage after the parties settle the dispute and the complainant receives the amount due. The text states that Section 147 of the Negotiable Instruments Act makes such offences compoundable at any stage, and that delayed compounding may be allowed subject to costs in line with Supreme Court guidelines. Where compounding is permitted on payment of the stipulated cost, the conviction and sentence are set aside and the accused is acquitted. Case-Laws Indian Laws Wed, 04 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400672