https://www.taxtmi.com/caselaws?id=426579 In proceedings under Section 482 CrPC seeking quashing of a Section 138 Negotiable Instruments Act complaint, the court stressed the compensatory character of cheque-dishonour liability and the scope for compounding through compromise. Relying on Damodar S. Prabhu, it directed the accused to appear before the trial court and seek compounding, while allowing a limited period for settlement. Coercive steps were barred for the stated interim period, and if compounding was not achieved within the prescribed time, proceedings could continue in accordance with law. The directions were confined to the accused for whom the application was filed. en-us Thu, 04 Aug 2022 00:00:00 +0530 Mon, 22 Aug 2022 08:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426579 In proceedings under Section 482 CrPC seeking quashing of a Section 138 Negotiable Instruments Act complaint, the court stressed the compensatory character of cheque-dishonour liability and the scope for compounding through compromise. Relying on Damodar S. Prabhu, it directed the accused to appear before the trial court and seek compounding, while allowing a limited period for settlement. Coercive steps were barred for the stated interim period, and if compounding was not achieved within the prescribed time, proceedings could continue in accordance with law. The directions were confined to the accused for whom the application was filed. Case-Laws Indian Laws Thu, 04 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426579