https://www.taxtmi.com/caselaws?id=296095 A review application was entertained on sufficient cause, the delay was condoned, and the earlier order dismissing the special leave petition was recalled with restoration of the matter. The offence under the Negotiable Instruments Act was then treated as compoundable on the basis of a genuine compromise, supported by affidavits evidencing full payment and acceptance of the cheque amount. Applying the compounding framework, the conviction and sentence were set aside and the petitioner was acquitted. The stated principle is that, where parties validly settle a cheque dishonour dispute, compounding remains available and the criminal consequences may be withdrawn. en-us Thu, 05 Nov 2009 00:00:00 +0530 Tue, 10 Oct 2023 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296095 A review application was entertained on sufficient cause, the delay was condoned, and the earlier order dismissing the special leave petition was recalled with restoration of the matter. The offence under the Negotiable Instruments Act was then treated as compoundable on the basis of a genuine compromise, supported by affidavits evidencing full payment and acceptance of the cheque amount. Applying the compounding framework, the conviction and sentence were set aside and the petitioner was acquitted. The stated principle is that, where parties validly settle a cheque dishonour dispute, compounding remains available and the criminal consequences may be withdrawn. Case-Laws Indian Laws Thu, 05 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296095