https://www.taxtmi.com/caselaws?id=422314 The criminal revision petition was allowed based on a genuine compromise between the parties, resulting in the setting aside of the conviction and sentence under Section 138 of the Negotiable Instruments Act, 1881. The petitioner, facing financial hardship exacerbated by the COVID-19 pandemic, reached a settlement with the complainant for Rs.2,60,000/-, with the court waiving the 15% penalty amount. The court emphasized the compensatory nature of the offence and the importance of maintaining peace between the parties. All pending applications were disposed of accordingly. en-us Sat, 07 May 2022 00:00:00 +0530 Fri, 13 May 2022 07:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422314 The criminal revision petition was allowed based on a genuine compromise between the parties, resulting in the setting aside of the conviction and sentence under Section 138 of the Negotiable Instruments Act, 1881. The petitioner, facing financial hardship exacerbated by the COVID-19 pandemic, reached a settlement with the complainant for Rs.2,60,000/-, with the court waiving the 15% penalty amount. The court emphasized the compensatory nature of the offence and the importance of maintaining peace between the parties. All pending applications were disposed of accordingly. Case-Laws Indian Laws Sat, 07 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422314