2004 (8) TMI 416

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....ay Kumar for the Petitioner. P.R. Ramasesh for the Respondent. ORDER 1. Leave granted. 2. The appellant before us was convicted by the XIII Additional Chief Metropolitan Magistrate, Bangalore, for an offence punishable under section 138 of the Negotiable Instruments Act, 1881, and was sentenced to pay a fine of Rs. 20,000 and in default to pay the same, to undergo simple imprisonment for ....

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....the provision of section 147 of the Negotiable Instruments Act, 1881, this Court in the case of Anil Kumar Haritwal v. Alka Gupta [2005] 123 Comp. Cas. 258 has held such a compounding of the offences on the basis of parties settling their dispute is permissible. Since the respondent states that he is willing to compound the offence we allow the appeal and direct that the offences be compounded as ....