https://www.taxtmi.com/caselaws?id=440437 An offence under Section 138 of the Negotiable Instruments Act, 1881 is stated to be compoundable even at the revisional stage, including after conviction, where the parties have entered a genuine settlement and the complainant has received the agreed amount. The document notes that such compromise may justify setting aside the conviction and sentence, while the court may still impose compounding costs. It also records that, in mitigating circumstances, costs may be reduced rather than waived entirely, with the prosecution brought to an end upon deposit of the reduced amount. en-us Fri, 07 Jul 2023 00:00:00 +0530 Wed, 19 Jul 2023 08:59:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440437 An offence under Section 138 of the Negotiable Instruments Act, 1881 is stated to be compoundable even at the revisional stage, including after conviction, where the parties have entered a genuine settlement and the complainant has received the agreed amount. The document notes that such compromise may justify setting aside the conviction and sentence, while the court may still impose compounding costs. It also records that, in mitigating circumstances, costs may be reduced rather than waived entirely, with the prosecution brought to an end upon deposit of the reduced amount. Case-Laws Indian Laws Fri, 07 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440437