https://www.taxtmi.com/caselaws?id=752930 Compounding of a cheque dishonour offence under Section 138 of the Negotiable Instruments Act was permitted at the revision stage after the parties settled the dispute and the complainant raised no objection. The court applied the graded cost structure for delayed compounding in later-stage Section 138 matters and required deposit of 3% of the cheque amount with the State Legal Services Authority. On such payment within seven days, the petitioner was to be acquitted and released if in custody; if deposit was not made, the original sentence and compensation would revive. en-us Tue, 07 May 2024 00:00:00 +0530 Wed, 22 May 2024 06:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752930 Compounding of a cheque dishonour offence under Section 138 of the Negotiable Instruments Act was permitted at the revision stage after the parties settled the dispute and the complainant raised no objection. The court applied the graded cost structure for delayed compounding in later-stage Section 138 matters and required deposit of 3% of the cheque amount with the State Legal Services Authority. On such payment within seven days, the petitioner was to be acquitted and released if in custody; if deposit was not made, the original sentence and compensation would revive. Case-Laws Indian Laws Tue, 07 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752930