https://www.taxtmi.com/caselaws?id=408972 Cheque dishonour proceedings may be brought to an end after settlement where the offence is compoundable under the Negotiable Instruments Act and the complainant has received the agreed amount. The Court noted that inherent jurisdiction can be used to quash the conviction and consequential proceedings in a matter of essentially private character once amicable resolution is on record and there is no objection from the complainant. While permitting compounding, the Court may also impose costs as a condition for giving effect to the settlement, and in this instance directed a reduced deposit as opposed to the usual higher percentage. en-us Thu, 06 May 2021 00:00:00 +0530 Sat, 07 Aug 2021 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408972 Cheque dishonour proceedings may be brought to an end after settlement where the offence is compoundable under the Negotiable Instruments Act and the complainant has received the agreed amount. The Court noted that inherent jurisdiction can be used to quash the conviction and consequential proceedings in a matter of essentially private character once amicable resolution is on record and there is no objection from the complainant. While permitting compounding, the Court may also impose costs as a condition for giving effect to the settlement, and in this instance directed a reduced deposit as opposed to the usual higher percentage. Case-Laws Indian Laws Thu, 06 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408972