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2019 (10) TMI 574 - HC - Indian LawsDishonor of cheque - repayment of loan not made - present petition has been filed on the ground that the petitioner and respondent no.2/complainant has settled their disputes and pursuant to the settlement, the petitioner has paid an amount of ₹3 lacs which has been accepted by respondent no.2/complainant without any protest - HELD THAT:- Keeping in view the settlement arrived at between the parties and the poor financial condition of the petitioner, I hereby allow the present petition. As per the guidelines enshrined in decision rendered in DAMODAR S. PRABHU VERSUS SAYED BABALAL H. [2010 (5) TMI 380 - SUPREME COURT], the petitioners are required to pay 10% of the cheque amount to be deposited as a condition for compounding with the Delhi Legal Services Authority, Patiala House Courts Complex, New Delhi.
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