https://www.taxtmi.com/caselaws?id=793839 Compounding under Section 147 of the Negotiable Instruments Act is not an absolute entitlement and may be refused where the application is belated, the complainant objects, and the accused's conduct indicates delay or lack of bona fides. In cheque dishonour proceedings under Section 138, the complaint had remained pending for years, the accused had earlier proposed repayment but failed to comply, and the compounding request was moved only after substantial progress in the matter. Those circumstances supported refusal of compounding, and no interference was warranted in the exercise of inherent jurisdiction. en-us Mon, 18 May 2026 00:00:00 +0530 Thu, 25 Jun 2026 08:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793839 Compounding under Section 147 of the Negotiable Instruments Act is not an absolute entitlement and may be refused where the application is belated, the complainant objects, and the accused's conduct indicates delay or lack of bona fides. In cheque dishonour proceedings under Section 138, the complaint had remained pending for years, the accused had earlier proposed repayment but failed to comply, and the compounding request was moved only after substantial progress in the matter. Those circumstances supported refusal of compounding, and no interference was warranted in the exercise of inherent jurisdiction. Case-Laws Indian Laws Mon, 18 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793839