https://www.taxtmi.com/caselaws?id=447371 In cheque dishonour prosecutions, compounding under the Negotiable Instruments Act may be permitted at an early stage without the complainant's consent where the accused tenders the cheque amount with reasonable interest and costs. Reconciling Supreme Court guidance with section 147, the Bombay HC treated complainant consent as important but not indispensable in every case, particularly when prompt compensation is offered and the settlement serves the provision's compensatory object. The Court also recognised that piecemeal compromise may be accepted in appropriate cases and that inherent powers can be used to prevent defeat of the statutory incentive for early compounding. The compounding application was allowed and the complaint proceedings were brought to an end. en-us Wed, 29 Nov 2023 00:00:00 +0530 Mon, 25 Dec 2023 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447371 In cheque dishonour prosecutions, compounding under the Negotiable Instruments Act may be permitted at an early stage without the complainant's consent where the accused tenders the cheque amount with reasonable interest and costs. Reconciling Supreme Court guidance with section 147, the Bombay HC treated complainant consent as important but not indispensable in every case, particularly when prompt compensation is offered and the settlement serves the provision's compensatory object. The Court also recognised that piecemeal compromise may be accepted in appropriate cases and that inherent powers can be used to prevent defeat of the statutory incentive for early compounding. The compounding application was allowed and the complaint proceedings were brought to an end. Case-Laws Indian Laws Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447371