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2022 (5) TMI 302 - GUJARAT HIGH COURT - Indian Laws
Head Note / Extract:
Dishonor of Cheque - amicable settlement of dispute - compounding of offences - Section 138 of the Negotiable Instruments Act - HELD THAT:- The revision application is required to be allowed and the parties be permitted to compound the offence. The applicant-accused is acquitted of the charge under Section 138 of the Negotiable Instruments Act except he is not convicted in connection with any other offence - the revision application is allowed.