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    <description>An offence under Section 138 of the Negotiable Instruments Act may be compounded at any stage under Section 147, including after conviction has been upheld in appeal or revision, where the parties have genuinely settled the dispute and the complainant raises no objection. The High Court may invoke its inherent power under Section 482 of the Code of Criminal Procedure to give effect to such compromise and undo the recorded conviction and sentence. On that basis, the application was held maintainable, the offence was compounded, and the conviction and sentence were quashed, resulting in acquittal.</description>
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