https://www.taxtmi.com/caselaws?id=446745 Section 138 NI Act offences may be compounded on the basis of a voluntary settlement between the parties, and compounding can be permitted even in revision. The court noted that Section 147 of the NI Act makes such offences compoundable notwithstanding the Criminal Procedure Code, and that once composition occurs, Section 320 CrPC treats it as an acquittal. Because the parties had amicably settled the dispute and payment was made towards the cheque liability, the basis for sustaining the conviction no longer survived. The conviction and sentence were therefore set aside and the accused was acquitted. en-us Mon, 04 Dec 2023 00:00:00 +0530 Sat, 09 Dec 2023 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446745 Section 138 NI Act offences may be compounded on the basis of a voluntary settlement between the parties, and compounding can be permitted even in revision. The court noted that Section 147 of the NI Act makes such offences compoundable notwithstanding the Criminal Procedure Code, and that once composition occurs, Section 320 CrPC treats it as an acquittal. Because the parties had amicably settled the dispute and payment was made towards the cheque liability, the basis for sustaining the conviction no longer survived. The conviction and sentence were therefore set aside and the accused was acquitted. Case-Laws Indian Laws Mon, 04 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446745