https://www.taxtmi.com/caselaws?id=418304 The court allowed the revision application, permitted the compounding of the offence under Section 138 of the Negotiable Instruments Act, and acquitted the applicant-accused. The court quashed the judgments of the trial and appellate courts, directing the applicant to withdraw the deposited amount. The settlement between the parties was pivotal in resolving the matter, emphasizing the importance of promoting banking operations' efficacy and credibility through compounding offences under the NI Act. en-us Fri, 28 Jan 2022 00:00:00 +0530 Mon, 14 Feb 2022 07:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418304 The court allowed the revision application, permitted the compounding of the offence under Section 138 of the Negotiable Instruments Act, and acquitted the applicant-accused. The court quashed the judgments of the trial and appellate courts, directing the applicant to withdraw the deposited amount. The settlement between the parties was pivotal in resolving the matter, emphasizing the importance of promoting banking operations' efficacy and credibility through compounding offences under the NI Act. Case-Laws Indian Laws Fri, 28 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418304