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2021 (10) TMI 692 - HC - Indian LawsDishonor of Cheque - insufficiency of funds - conviction and sentence recorded by the courts - compounding of offences - section 147 of the Negotiable Instruments Act - HELD THAT:- Reliance placed in the case of K.M. Ibrahim vs. K.P. Mohammed and Another [2009 (12) TMI 903 - SUPREME COURT] where it was held that It is true that the application under Section 147 of the Negotiable Instruments Act was made by the parties after the proceedings had been concluded before the Appellate Forum. However, Section 147 of the aforesaid Act does not bar the parties from compounding an offence under Section 138 even at the appellate stage of the proceedings. Accordingly, we find no reason to reject the application under Section 147 of the aforesaid Act even in a proceeding under Article 136 of the Constitution. Keeping in view that in the present case, the parties have settled their disputes, this Court finds it appropriate to allow the application and permit the parties to compound the offence - the judgment of the Courts below is set aside, the offence for which the revisionist was tried and convicted has been compounded and the accused/revisionist is acquitted of all the charges levelled against him - revision allowed.
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