https://www.taxtmi.com/caselaws?id=763939 Dishonour of cheques under the Negotiable Instruments Act may be compounded even after conviction when the parties settle the dispute, because Section 147 treats such offences as compoundable notwithstanding the general criminal procedure rule. Applying that principle, the Court accepted the compromise between the drawer and the complainant, noted the complainant's no-objection to compounding, and treated the conviction and sentence as liable to be set aside upon compounding. The Court also applied the graded cost framework for delayed compounding and reduced the compounding fee in light of the petitioner's financial condition. en-us Fri, 13 Dec 2024 00:00:00 +0530 Tue, 31 Dec 2024 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763939 Dishonour of cheques under the Negotiable Instruments Act may be compounded even after conviction when the parties settle the dispute, because Section 147 treats such offences as compoundable notwithstanding the general criminal procedure rule. Applying that principle, the Court accepted the compromise between the drawer and the complainant, noted the complainant's no-objection to compounding, and treated the conviction and sentence as liable to be set aside upon compounding. The Court also applied the graded cost framework for delayed compounding and reduced the compounding fee in light of the petitioner's financial condition. Case-Laws Indian Laws Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763939