https://www.taxtmi.com/caselaws?id=405914 Offences under Section 138 of the Negotiable Instruments Act may be compounded even at the revision stage where the parties settle the dispute and the complainant confirms receipt of the cheque amount with interest. On acceptance of the compromise, the conviction and sentence under Section 138 ordinarily should not survive, but belated compounding before the High Court attracts costs in line with the governing Supreme Court guidelines. Applying that principle, the court permitted compounding subject to deposit of 15% of the cheque amount as costs within the stipulated time, after which the conviction and sentence were to be set aside. en-us Wed, 24 Mar 2021 00:00:00 +0530 Mon, 28 Oct 2024 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405914 Offences under Section 138 of the Negotiable Instruments Act may be compounded even at the revision stage where the parties settle the dispute and the complainant confirms receipt of the cheque amount with interest. On acceptance of the compromise, the conviction and sentence under Section 138 ordinarily should not survive, but belated compounding before the High Court attracts costs in line with the governing Supreme Court guidelines. Applying that principle, the court permitted compounding subject to deposit of 15% of the cheque amount as costs within the stipulated time, after which the conviction and sentence were to be set aside. Case-Laws Indian Laws Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405914