https://www.taxtmi.com/caselaws?id=405809 An offence under Section 138 of the Negotiable Instruments Act is compoundable under Section 147 at any stage of the proceedings, and a settlement between the parties with receipt of the cheque amount, interest and costs can justify compounding and setting aside the conviction. Where compounding is sought at the revision stage, the principles on delayed compounding permit imposition of costs, and the revision court may direct deposit of a specified percentage of the cheque amount with the Legal Services Committee as a condition for relief. On compliance, the conviction and sentence are liable to be set aside. en-us Wed, 17 Mar 2021 00:00:00 +0530 Sat, 27 Mar 2021 07:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405809 An offence under Section 138 of the Negotiable Instruments Act is compoundable under Section 147 at any stage of the proceedings, and a settlement between the parties with receipt of the cheque amount, interest and costs can justify compounding and setting aside the conviction. Where compounding is sought at the revision stage, the principles on delayed compounding permit imposition of costs, and the revision court may direct deposit of a specified percentage of the cheque amount with the Legal Services Committee as a condition for relief. On compliance, the conviction and sentence are liable to be set aside. Case-Laws Indian Laws Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405809