https://www.taxtmi.com/caselaws?id=430135 The accused filed a revision petition challenging the conviction under Section 138 of the Negotiable Instruments Act. Both parties settled the matter under Section 147, with the accused agreeing to pay Rs. 6,50,000 to the complainant. The court allowed compounding of the offense, subject to the accused paying graded costs. The accused paid Rs. 1,05,000 as graded cost. The court acquitted the accused of the offense under Section 138 and directed the release of deposited amounts to the complainant. The revision petition was disposed of, and related applications were addressed accordingly. en-us Fri, 28 Oct 2022 00:00:00 +0530 Sat, 12 Nov 2022 09:13:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430135 The accused filed a revision petition challenging the conviction under Section 138 of the Negotiable Instruments Act. Both parties settled the matter under Section 147, with the accused agreeing to pay Rs. 6,50,000 to the complainant. The court allowed compounding of the offense, subject to the accused paying graded costs. The accused paid Rs. 1,05,000 as graded cost. The court acquitted the accused of the offense under Section 138 and directed the release of deposited amounts to the complainant. The revision petition was disposed of, and related applications were addressed accordingly. Case-Laws Indian Laws Fri, 28 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430135