https://www.taxtmi.com/caselaws?id=407169 A conviction under the Negotiable Instruments Act was quashed after the parties recorded a compromise and the cheque-related liability was paid and received. The Court noted that an offence under Section 138 is compoundable and that its inherent jurisdiction may be used to terminate proceedings where the complainant does not oppose settlement and further litigation would serve no useful purpose. On that basis, the compromise was accepted, the offence was compounded, and the conviction and all consequential proceedings were set aside, resulting in acquittal. en-us Tue, 27 Apr 2021 00:00:00 +0530 Sat, 01 May 2021 09:31:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407169 A conviction under the Negotiable Instruments Act was quashed after the parties recorded a compromise and the cheque-related liability was paid and received. The Court noted that an offence under Section 138 is compoundable and that its inherent jurisdiction may be used to terminate proceedings where the complainant does not oppose settlement and further litigation would serve no useful purpose. On that basis, the compromise was accepted, the offence was compounded, and the conviction and all consequential proceedings were set aside, resulting in acquittal. Case-Laws Indian Laws Tue, 27 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407169