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Indian Laws - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Dishonor of Cheque - compoundable offences or not - as the ...

Indian Laws

November 10, 2021

Dishonor of Cheque - compoundable offences or not - as the matter has been settled between the parties and the compensation amount has been paid to the complainant–Opp party No.2, in full and final settlement of the dispute, the compounding of the offence under Section -138 of the N.I.Act is allowed and the conviction of the petitioner under Section 138 of N.I. Act and the sentence to undergo simple imprisonment for one year and to pay compensation of ₹ 2,50,000/- imposed, is set aside. - HC

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