https://www.taxtmi.com/caselaws?id=420012 A conviction for dishonour of cheque proceedings may be quashed under inherent jurisdiction where the parties have amicably settled the dispute and the complainant does not oppose compounding. Section 138 offences are compoundable under Section 147 of the Negotiable Instruments Act, and compounding after conviction may be permitted subject to the applicable costs for delayed compounding, including deposit with the Legal Services Authority. The court may exercise this power to bring the dispute to an end and give effect to the settlement, provided the prescribed costs are paid. en-us Fri, 25 Feb 2022 00:00:00 +0530 Fri, 25 Mar 2022 08:34:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420012 A conviction for dishonour of cheque proceedings may be quashed under inherent jurisdiction where the parties have amicably settled the dispute and the complainant does not oppose compounding. Section 138 offences are compoundable under Section 147 of the Negotiable Instruments Act, and compounding after conviction may be permitted subject to the applicable costs for delayed compounding, including deposit with the Legal Services Authority. The court may exercise this power to bring the dispute to an end and give effect to the settlement, provided the prescribed costs are paid. Case-Laws Indian Laws Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420012