https://www.taxtmi.com/caselaws?id=430425 The Court allowed the compounding of the offence under Section 147 of the Negotiable Instruments Act following a settlement between the parties. The petitioner paid Rs. 2,75,000 to the respondent as a full settlement, complying with the guidelines for graded cost payment. Consequently, the petitioner was acquitted of the offence under Section 138 of the N.I. Act, and the revision petition was disposed of, with instructions to transmit the order copies to the Trial Court and the Sessions Judge's Court for further action. en-us Wed, 12 Oct 2022 00:00:00 +0530 Sat, 19 Nov 2022 08:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430425 The Court allowed the compounding of the offence under Section 147 of the Negotiable Instruments Act following a settlement between the parties. The petitioner paid Rs. 2,75,000 to the respondent as a full settlement, complying with the guidelines for graded cost payment. Consequently, the petitioner was acquitted of the offence under Section 138 of the N.I. Act, and the revision petition was disposed of, with instructions to transmit the order copies to the Trial Court and the Sessions Judge's Court for further action. Case-Laws Indian Laws Wed, 12 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430425