https://www.taxtmi.com/caselaws?id=410666 The High Court allowed the compounding of the offense under Section 138 of the Negotiable Instruments Act, 1881, in a case where the accused was convicted by the Trial Court and the conviction was confirmed by the Sessions Judge's Court. The parties voluntarily settled the matter, with the accused agreeing to pay a sum of Rs. 54,000 in cash to the complainant and release Rs. 21,000 deposited before the Trial Court. The Court, considering the settlement genuine, set aside the convictions, ordered the accused's acquittal upon payment of a graded cost, and directed the release of the deposited amount to the complainant. en-us Fri, 16 Jul 2021 00:00:00 +0530 Fri, 06 Aug 2021 09:15:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410666 The High Court allowed the compounding of the offense under Section 138 of the Negotiable Instruments Act, 1881, in a case where the accused was convicted by the Trial Court and the conviction was confirmed by the Sessions Judge's Court. The parties voluntarily settled the matter, with the accused agreeing to pay a sum of Rs. 54,000 in cash to the complainant and release Rs. 21,000 deposited before the Trial Court. The Court, considering the settlement genuine, set aside the convictions, ordered the accused's acquittal upon payment of a graded cost, and directed the release of the deposited amount to the complainant. Case-Laws Indian Laws Fri, 16 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410666