https://www.taxtmi.com/caselaws?id=421481 The High Court allowed the petition, utilizing the power under Section 147 of the Negotiable Instruments Act to compound the offense under Section 138. This resulted in setting aside the lower courts' judgments, acquitting the petitioner, and ordering immediate release if in custody. The court emphasized the importance of facilitating settlements and the compensatory nature of offenses related to dishonoring of cheques, aligning with principles of justice and mutual relationships between parties. en-us Tue, 19 Apr 2022 00:00:00 +0530 Tue, 26 Apr 2022 08:15:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421481 The High Court allowed the petition, utilizing the power under Section 147 of the Negotiable Instruments Act to compound the offense under Section 138. This resulted in setting aside the lower courts' judgments, acquitting the petitioner, and ordering immediate release if in custody. The court emphasized the importance of facilitating settlements and the compensatory nature of offenses related to dishonoring of cheques, aligning with principles of justice and mutual relationships between parties. Case-Laws Indian Laws Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421481