https://www.taxtmi.com/caselaws?id=777151 SC held that the earlier compounding of the cheque dishonour offence with Rs.50,000 as compensation was inadequate. Considering a principal loan of Rs.3,62,493 repaid after a decade, the court required the respondent to pay an additional amount equal to the principal (Rs.3,62,493) over and above any principal already paid, within eight weeks. The offence was compounded under Section 147, N.I. Act with the appellant agreeing to compounding; the appeal and application were disposed of accordingly. en-us Thu, 07 Aug 2025 00:00:00 +0530 Tue, 26 Aug 2025 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777151 SC held that the earlier compounding of the cheque dishonour offence with Rs.50,000 as compensation was inadequate. Considering a principal loan of Rs.3,62,493 repaid after a decade, the court required the respondent to pay an additional amount equal to the principal (Rs.3,62,493) over and above any principal already paid, within eight weeks. The offence was compounded under Section 147, N.I. Act with the appellant agreeing to compounding; the appeal and application were disposed of accordingly. Case-Laws Indian Laws Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777151