https://www.taxtmi.com/caselaws?id=417037 An offence under Section 138 of the Negotiable Instruments Act can be compounded even after conviction when the parties have later settled the dispute. The High Court may use its inherent power under Section 482 of the Code of Criminal Procedure to quash the conviction and consequential proceedings once the complainant supports the compromise and the statutory compounding framework under Section 147 is satisfied. The court may also impose compounding costs as a condition for quashing, including a reduced percentage payable in instalments, to secure closure of the matter. en-us Wed, 05 Jan 2022 00:00:00 +0530 Fri, 14 Jan 2022 08:37:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417037 An offence under Section 138 of the Negotiable Instruments Act can be compounded even after conviction when the parties have later settled the dispute. The High Court may use its inherent power under Section 482 of the Code of Criminal Procedure to quash the conviction and consequential proceedings once the complainant supports the compromise and the statutory compounding framework under Section 147 is satisfied. The court may also impose compounding costs as a condition for quashing, including a reduced percentage payable in instalments, to secure closure of the matter. Case-Laws Indian Laws Wed, 05 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417037