Case Law Analysis
|Punjab and Haryana High Court
Section 138 NI Act | Full Payment of Cheque Amount Post-Conviction Triggers Sentence Reduction and Compensation Adjustment : Punjab & Haryana HC
The Punjab & Haryana High Court upheld conviction under Section 138 NI Act but reduced the sentence to time served and adjusted compensation to Rs. 4,32,000 after the petitioner paid the full cheque amount plus interest. The ruling clarifies that post-conviction payment can mitigate sentencing, offering relief to accused who settle liabilities even after legal proceedings conclude.