https://www.taxtmi.com/caselaws?id=766126 The Madras HC exercised its inherent power to nullify a conviction and sentence under Section 138 of the Negotiable Instruments Act based on a compromise between parties, despite the appellate court confirming the conviction. The court held that inherent powers should be exercised sparingly and cautiously, only to prevent miscarriage of justice or abuse of process. While acknowledging the tendency of litigants to belatedly choose compounding and the lack of explicit guidance in Section 147 regarding timing of compounding, the court permitted compounding considering the amicable settlement. The criminal revision case was disposed of in terms of the compromise reached between parties. en-us Fri, 13 Dec 2024 00:00:00 +0530 Wed, 19 Feb 2025 08:42:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766126 The Madras HC exercised its inherent power to nullify a conviction and sentence under Section 138 of the Negotiable Instruments Act based on a compromise between parties, despite the appellate court confirming the conviction. The court held that inherent powers should be exercised sparingly and cautiously, only to prevent miscarriage of justice or abuse of process. While acknowledging the tendency of litigants to belatedly choose compounding and the lack of explicit guidance in Section 147 regarding timing of compounding, the court permitted compounding considering the amicable settlement. The criminal revision case was disposed of in terms of the compromise reached between parties. Case-Laws Indian Laws Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766126