https://www.taxtmi.com/caselaws?id=425558 The Court acquitted the petitioner-accused of dishonoring a cheque under Section 138 of the Negotiable Instruments Act, quashing the conviction and sentence. The case was compounded, with the petitioner depositing compensation but facing disagreement over the amount. The Court upheld the compensation awarded by the trial Court, concluding the respondent was adequately compensated. The petitioner was directed to deposit a compounding fee of Rs. 2,000 within four weeks, with non-compliance leading to fine recovery. The petition was disposed of, allowing parties to use downloaded copies and requiring submission of the compounding fee receipt. en-us Tue, 19 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 08:39:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425558 The Court acquitted the petitioner-accused of dishonoring a cheque under Section 138 of the Negotiable Instruments Act, quashing the conviction and sentence. The case was compounded, with the petitioner depositing compensation but facing disagreement over the amount. The Court upheld the compensation awarded by the trial Court, concluding the respondent was adequately compensated. The petitioner was directed to deposit a compounding fee of Rs. 2,000 within four weeks, with non-compliance leading to fine recovery. The petition was disposed of, allowing parties to use downloaded copies and requiring submission of the compounding fee receipt. Case-Laws Indian Laws Tue, 19 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425558