Negotiable Instruments Act, 1881
Section 138 read with Section 147—Dishonour of cheque—Revision against conviction—Compounding of offence—Permissibility—Parties are at liberty to compound the matter at any stage—Fact that the parties have settled the dispute amicably by way of compromise—Compounding of offence as required to be permitted.
[Para 41]
Decision : Petition allowed