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2020 (3) TMI 4 - HC - Indian LawsMaintainability of petition - Dishonor of Cheque - offence punishable under section 138 of NI Act - Compoundable offences - petitioner has argued that though the petitioner has not surrendered but the revision petition filed by him against the impugned orders is very much maintainable - HELD THAT:- The respondent No.2 has verified that the matter has been compromised between the parties and the due amount has already been paid by the petitioner to the respondent No.2 - As per Section 147 of the N.I. Act, every offence punishable under this Act is compoundable. This criminal revision petition is allowed - The impugned orders are set aside - The petitioner is acquitted from the charge under Section 138 of the N.I. Act.
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