Rajasthan High Court rules that anticipatory bail in cheque bounce cases under Section 138 NI Act requires prima facie evidence of dishonest intent at issuance, not just subsequent dishonour.
Punjab and Haryana High Court holds that Section 138 NI Act offences can be compounded post-conviction if parties settle and compensation is paid, reinforcing the compensatory intent of the law.
The Himachal Pradesh High Court quashes a Section 138 NI Act conviction after full repayment and No Due Certificate issuance, setting a precedent for compounding upon settlement.
Bombay High Court clarifies that directors cannot be automatically prosecuted under Section 138 NI Act without proof of active involvement in cheque dishonour offences.