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    <title>2023 (10) TMI 382 - HIMACHAL PRADESH HIGH COURT</title>
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    <description>Section 138 of the Negotiable Instruments Act may be compounded even after conviction where the parties have genuinely settled the dispute, and Section 147 operates with overriding effect over the general compounding framework under the Code of Criminal Procedure. In the described matter, the complaint was compromised during the pendency of the petition, the complainant-bank raised no objection, and the High Court permitted compounding. The conviction and sentence were quashed, resulting in acquittal of the petitioner.</description>
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      <description>Section 138 of the Negotiable Instruments Act may be compounded even after conviction where the parties have genuinely settled the dispute, and Section 147 operates with overriding effect over the general compounding framework under the Code of Criminal Procedure. In the described matter, the complaint was compromised during the pendency of the petition, the complainant-bank raised no objection, and the High Court permitted compounding. The conviction and sentence were quashed, resulting in acquittal of the petitioner.</description>
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