https://www.taxtmi.com/caselaws?id=423356 The complaint under Section 138 of the Negotiable Instruments Act was quashed, and the conviction/sentence judgment set aside by the court. The parties reached a settlement, reducing the agreement to writing and agreeing to installment payments. The complainant received a portion of the compensation, with a balance remaining. Both parties confirmed the settlement was voluntary. Consequently, the complainant withdrew the complaint, and the matter was compounded. The accused was acquitted of the accusations, with a reduced compounding fee of Rs.5,000 imposed instead of the standard 15% of the cheque amount. Failure to deposit the fee within four weeks would result in the revival of the convictions and sentences. en-us Sat, 23 Apr 2022 00:00:00 +0530 Mon, 06 Jun 2022 08:26:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423356 The complaint under Section 138 of the Negotiable Instruments Act was quashed, and the conviction/sentence judgment set aside by the court. The parties reached a settlement, reducing the agreement to writing and agreeing to installment payments. The complainant received a portion of the compensation, with a balance remaining. Both parties confirmed the settlement was voluntary. Consequently, the complainant withdrew the complaint, and the matter was compounded. The accused was acquitted of the accusations, with a reduced compounding fee of Rs.5,000 imposed instead of the standard 15% of the cheque amount. Failure to deposit the fee within four weeks would result in the revival of the convictions and sentences. Case-Laws Indian Laws Sat, 23 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423356