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2018 (8) TMI 1407 - SC - Indian LawsSettlement of matter by parties themselves - closure of matter before Court - Conviction u/s 138 of the Negotiable Instruments Act, 1881 - rigorous imprisonment for one year with amount of compensation - an affidavit has been filed by the first respondent stating that the matter has been settled at the intervention of the family members and he has no objection if appropriate orders are passed by the Court closing the matter. Held that:- Having regard to the totality of the facts of the case, we are of the view that the parties ought to be allowed to settle the matter - The offence, therefore, is compounded in terms of the settlement - the order of conviction and the sentence imposed is set aside.
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