https://www.taxtmi.com/caselaws?id=420396 An offence under Section 138 of the Negotiable Instruments Act could be compounded under Section 147 even after conviction and dismissal of the appeal, where the accused had deposited the full compensation and the complainant raised no objection to release of that amount. Applying the Supreme Court's principles on compounding, the Court treated the compensatory payment as secured and found no impediment to granting consequential relief. The conviction and sentence under Section 138 were therefore quashed and the accused was acquitted. en-us Fri, 25 Mar 2022 00:00:00 +0530 Fri, 01 Apr 2022 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420396 An offence under Section 138 of the Negotiable Instruments Act could be compounded under Section 147 even after conviction and dismissal of the appeal, where the accused had deposited the full compensation and the complainant raised no objection to release of that amount. Applying the Supreme Court's principles on compounding, the Court treated the compensatory payment as secured and found no impediment to granting consequential relief. The conviction and sentence under Section 138 were therefore quashed and the accused was acquitted. Case-Laws Indian Laws Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420396