https://www.taxtmi.com/caselaws?id=444986 In cheque dishonour proceedings, a compromise reached at the revision stage can be accepted under Section 147 of the Negotiable Instruments Act, 1881 by compounding the offence. Where settlement is delayed to the revision stage, graded costs may be imposed as a condition of compounding; here, costs equal to 2% of the cheque amount were directed to be deposited with the State Legal Services Authority. On that basis, the sentence was modified to the period already undergone, subject to revival of the original sentence if the costs were not deposited. en-us Tue, 17 Oct 2023 00:00:00 +0530 Sat, 28 Oct 2023 08:32:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444986 In cheque dishonour proceedings, a compromise reached at the revision stage can be accepted under Section 147 of the Negotiable Instruments Act, 1881 by compounding the offence. Where settlement is delayed to the revision stage, graded costs may be imposed as a condition of compounding; here, costs equal to 2% of the cheque amount were directed to be deposited with the State Legal Services Authority. On that basis, the sentence was modified to the period already undergone, subject to revival of the original sentence if the costs were not deposited. Case-Laws Indian Laws Tue, 17 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444986