https://www.taxtmi.com/caselaws?id=442724 Section 138 offences under the Negotiable Instruments Act, 1881 may be compounded even after conviction when the parties reach a genuine settlement, because Section 147 overrides the Code of Criminal Procedure and permits compounding at the revisional stage. The text also notes that graded compounding costs are discretionary and may be reduced for recorded reasons, including the parties' settlement circumstances and the petitioner's financial condition. On those facts, the conviction and sentence were set aside, the petitioner was acquitted, and the reduced compounding fee was directed to be paid. en-us Wed, 23 Aug 2023 00:00:00 +0530 Sat, 09 Sep 2023 09:35:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442724 Section 138 offences under the Negotiable Instruments Act, 1881 may be compounded even after conviction when the parties reach a genuine settlement, because Section 147 overrides the Code of Criminal Procedure and permits compounding at the revisional stage. The text also notes that graded compounding costs are discretionary and may be reduced for recorded reasons, including the parties' settlement circumstances and the petitioner's financial condition. On those facts, the conviction and sentence were set aside, the petitioner was acquitted, and the reduced compounding fee was directed to be paid. Case-Laws Indian Laws Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442724