https://www.taxtmi.com/caselaws?id=418473 Section 138 NI Act convictions may be quashed where the cheque dispute has been amicably settled and the complainant consents, because such offences are compoundable under Section 147 and inherent jurisdiction may be used to secure the ends of justice. The Gujarat High Court also applied the settled late-compounding framework and permitted compounding before it subject to payment of costs calculated at 15% of the cheque amount, payable within the stipulated time. The conviction and consequential criminal proceedings were therefore set aside on compromise and compliance with the prescribed compounding costs. en-us Tue, 08 Feb 2022 00:00:00 +0530 Fri, 18 Feb 2022 07:32:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418473 Section 138 NI Act convictions may be quashed where the cheque dispute has been amicably settled and the complainant consents, because such offences are compoundable under Section 147 and inherent jurisdiction may be used to secure the ends of justice. The Gujarat High Court also applied the settled late-compounding framework and permitted compounding before it subject to payment of costs calculated at 15% of the cheque amount, payable within the stipulated time. The conviction and consequential criminal proceedings were therefore set aside on compromise and compliance with the prescribed compounding costs. Case-Laws Indian Laws Tue, 08 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418473