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2023 (12) TMI 429 - PUNJAB & HARYANA HIGH COURTDishonour of Cheque - matter settled between the parties - compounding of offence under Section 138 N.I. Act - HELD THAT:- This Court in Vatsa Electronics Vs. Pala Ram & Anr. [2022 (4) TMI 353 - PUNJAB AND HARYANA HIGH COURT] has also held that once a settlement is being effected, then in terms of Section 147 of the Negotiable Instruments Act and Section 320 Cr.P.C., the accused ought to be acquitted as the offence stands compounded. Since, the parties have voluntarily settled the disputes between themselves, it is a fit case for allowing them to compound the offence. The order dated dated 19.09.2023 passed by the Additional Sessions Judge, Jalandhar, as well as the judgment of conviction and order of sentence dated 12.03.2018 passed by the Judicial Magistrate 1st Class, Jalandhar, are hereby set aside - revision petition is allowed.
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