https://www.taxtmi.com/caselaws?id=425262 The court allowed the compounding of the offence under Section 138 of the Negotiable Instruments Act, setting aside the judgments of both lower courts. The petitioner was ordered to be released if confined in jail and not required in any other case. The judgment emphasized the importance of parties reaching a settlement and the court's power to invoke Section 147 for compounding even at the appellate stage, in line with legislative intent and judicial precedents. en-us Mon, 11 Jul 2022 00:00:00 +0530 Tue, 19 Jul 2022 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425262 The court allowed the compounding of the offence under Section 138 of the Negotiable Instruments Act, setting aside the judgments of both lower courts. The petitioner was ordered to be released if confined in jail and not required in any other case. The judgment emphasized the importance of parties reaching a settlement and the court's power to invoke Section 147 for compounding even at the appellate stage, in line with legislative intent and judicial precedents. Case-Laws Indian Laws Mon, 11 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425262