https://www.taxtmi.com/caselaws?id=446224 Offences under the Negotiable Instruments Act are compoundable even after conviction when the parties settle the dispute and the complainant has received the cheque amount in full and final settlement; Section 147 overrides the scheme of Section 320 CrPC to that extent, and the conviction and sentence were quashed on compounding. The court also held that the graded compounding fee may be reduced in an appropriate case for recorded reasons, and on the petitioner's financial condition the fee was reduced to 5% of the cheque amount. The revision petition was allowed, the offence was compounded, and the petitioner was treated as acquitted subject to deposit of the reduced fee. en-us Thu, 12 Oct 2023 00:00:00 +0530 Wed, 29 Nov 2023 07:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446224 Offences under the Negotiable Instruments Act are compoundable even after conviction when the parties settle the dispute and the complainant has received the cheque amount in full and final settlement; Section 147 overrides the scheme of Section 320 CrPC to that extent, and the conviction and sentence were quashed on compounding. The court also held that the graded compounding fee may be reduced in an appropriate case for recorded reasons, and on the petitioner's financial condition the fee was reduced to 5% of the cheque amount. The revision petition was allowed, the offence was compounded, and the petitioner was treated as acquitted subject to deposit of the reduced fee. Case-Laws Indian Laws Thu, 12 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446224