https://www.taxtmi.com/caselaws?id=764068 Offences under Section 138 of the Negotiable Instruments Act were stated to remain compoundable even after conviction where the parties had settled and the complainant had received the full compensation amount. The commentary notes that Section 147 permits compounding of such offences and that this power is not controlled by the stricter scheme of Section 320 CrPC. It also explains that the compounding fee may be reduced on the facts, including the financial condition of the accused, reflecting the discretionary nature of the graded costs scheme. On that basis, the conviction and sentence were quashed, the accused was acquitted, and a reduced compounding fee was directed. en-us Thu, 26 Dec 2024 00:00:00 +0530 Thu, 02 Jan 2025 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764068 Offences under Section 138 of the Negotiable Instruments Act were stated to remain compoundable even after conviction where the parties had settled and the complainant had received the full compensation amount. The commentary notes that Section 147 permits compounding of such offences and that this power is not controlled by the stricter scheme of Section 320 CrPC. It also explains that the compounding fee may be reduced on the facts, including the financial condition of the accused, reflecting the discretionary nature of the graded costs scheme. On that basis, the conviction and sentence were quashed, the accused was acquitted, and a reduced compounding fee was directed. Case-Laws Indian Laws Thu, 26 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764068