https://www.taxtmi.com/caselaws?id=757992 HC allowed compounding of cheque dishonour offence under Section 147 despite conviction under Section 138. Following Supreme Court precedent in Damodar S. Prabhu case, court held that compounding is permissible even after conviction if parties reach amicable settlement. Petitioner had compromised with respondent-bank and paid full compensation amount. Court quashed trial court's conviction and sentence, acquitted petitioner, discharged bail bonds, and ordered release of deposited amount. Petition disposed of favorably. en-us Fri, 02 Aug 2024 00:00:00 +0530 Thu, 05 Sep 2024 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757992 HC allowed compounding of cheque dishonour offence under Section 147 despite conviction under Section 138. Following Supreme Court precedent in Damodar S. Prabhu case, court held that compounding is permissible even after conviction if parties reach amicable settlement. Petitioner had compromised with respondent-bank and paid full compensation amount. Court quashed trial court's conviction and sentence, acquitted petitioner, discharged bail bonds, and ordered release of deposited amount. Petition disposed of favorably. Case-Laws Indian Laws Fri, 02 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757992