https://www.taxtmi.com/caselaws?id=445358 MP HC allowed revision petition involving dishonour of cheque under Section 138 NI Act after parties reached amicable settlement. Following apex court precedent in Damodar S. Prabhu case, court imposed 2% cost of cheque amount (Rs. 36,000) to be deposited with State Legal Services Authority within 15 days. Subject to cost payment, applicant to be released from jail or treated as acquitted from charges based on compromise between parties. en-us Wed, 25 Oct 2023 00:00:00 +0530 Mon, 06 Nov 2023 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445358 MP HC allowed revision petition involving dishonour of cheque under Section 138 NI Act after parties reached amicable settlement. Following apex court precedent in Damodar S. Prabhu case, court imposed 2% cost of cheque amount (Rs. 36,000) to be deposited with State Legal Services Authority within 15 days. Subject to cost payment, applicant to be released from jail or treated as acquitted from charges based on compromise between parties. Case-Laws Indian Laws Wed, 25 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445358