https://www.taxtmi.com/highlights?id=56442 Dishonor of Cheque - Section 147 of N.I. Act has made every offence punishable under the N.I. Act as compoundable. As such, there is no bar for the parties in the proceeding to compound the offence - such compounding is permitted to be allowed on the common condition that the accused pays 15% of the cheque amount by way of cost. - HC en-us Sat, 23 Jan 2021 10:28:58 +0530 Sat, 23 Jan 2021 10:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56442 Dishonor of Cheque - Section 147 of N.I. Act has made every offence punishable under the N.I. Act as compoundable. As such, there is no bar for the parties in the proceeding to compound the offence - such compounding is permitted to be allowed on the common condition that the accused pays 15% of the cheque amount by way of cost. - HC Highlights Indian Laws Sat, 23 Jan 2021 10:28:58 +0530 https://www.taxtmi.com/highlights?id=56442