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2022 (4) TMI 353 - HC - Indian LawsDishonor of Cheque - insufficiency of funds - discharge of legally enforceable debt or not - compromise has been entered into between parties - compoundable offences or not - HELD THAT:- The admitted position is that the matter stands settled pursuant to which an application under Section 147 of the Negotiable Instruments Act read with Section 320 Cr.P.C. has been filed. Since, the parties have voluntarily settled the disputes between themselves, it is a fit case for allowing them to compound the offence - Petition allowed - decided in favor of petitioner.
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