https://www.taxtmi.com/caselaws?id=458273 In cheque dishonour matters under the Negotiable Instruments Act, compounding under Section 147 may be confined to the cheques actually forming the subject matter of the complaint. Proceedings under Section 138 are treated as quasi-criminal, and compounding may be approved where the accused has compensated the complainant by paying the cheque amount with interest and litigation expenses. The complainant cannot demand that compounding extend to amounts beyond the cheques pleaded in the complaint. This approach reflects the settled practice in compounding disputes arising from dishonoured cheques. en-us Thu, 07 Mar 2019 00:00:00 +0530 Fri, 18 Oct 2024 19:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458273 In cheque dishonour matters under the Negotiable Instruments Act, compounding under Section 147 may be confined to the cheques actually forming the subject matter of the complaint. Proceedings under Section 138 are treated as quasi-criminal, and compounding may be approved where the accused has compensated the complainant by paying the cheque amount with interest and litigation expenses. The complainant cannot demand that compounding extend to amounts beyond the cheques pleaded in the complaint. This approach reflects the settled practice in compounding disputes arising from dishonoured cheques. Case-Laws Indian Laws Thu, 07 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458273