https://www.taxtmi.com/caselaws?id=419512 A genuine and voluntary compromise in a cheque dishonour prosecution justified compounding under the Negotiable Instruments Act, with the revisional court exercising its power to give effect to the settlement. The court treated Section 147 as enabling compounding even at the revisional stage where the compromise was bona fide and served the ends of justice. The conviction and sentence under Section 138 were therefore set aside, and the accused was permitted to compound the offence subject to deposit of 15% of the cheque amount within the stipulated time. en-us Wed, 02 Mar 2022 00:00:00 +0530 Sat, 12 Mar 2022 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419512 A genuine and voluntary compromise in a cheque dishonour prosecution justified compounding under the Negotiable Instruments Act, with the revisional court exercising its power to give effect to the settlement. The court treated Section 147 as enabling compounding even at the revisional stage where the compromise was bona fide and served the ends of justice. The conviction and sentence under Section 138 were therefore set aside, and the accused was permitted to compound the offence subject to deposit of 15% of the cheque amount within the stipulated time. Case-Laws Indian Laws Wed, 02 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419512