https://www.taxtmi.com/caselaws?id=442725 An offence under the Negotiable Instruments Act was held compoundable even after conviction where the complainant had received the full compensation amount and consented to settlement, leading the Court to accept compounding and quash the conviction and sentence. The Court also noted that compounding costs may be reduced in appropriate facts and exercised discretion to impose only a token fee in light of the petitioner's financial condition. The result was acquittal of the petitioner, with the reduced compounding fee directed to be paid within four weeks. en-us Tue, 05 Sep 2023 00:00:00 +0530 Sat, 09 Sep 2023 09:35:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442725 An offence under the Negotiable Instruments Act was held compoundable even after conviction where the complainant had received the full compensation amount and consented to settlement, leading the Court to accept compounding and quash the conviction and sentence. The Court also noted that compounding costs may be reduced in appropriate facts and exercised discretion to impose only a token fee in light of the petitioner's financial condition. The result was acquittal of the petitioner, with the reduced compounding fee directed to be paid within four weeks. Case-Laws Indian Laws Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442725