Case Law Analysis
|Gujarat High Court
Section 138 NI Act | Post-Conviction Settlement Permits Quashing with Costs : Gujarat HC Affirms Compoundability at Any Stage
Gujarat High Court quashes conviction under Section 138 of the Negotiable Instruments Act even after appeal-stage settlement, but imposes Rs. 10,000 costs for delayed resolution. The ruling reaffirms that compoundable offences under Section 147 can be settled at any judicial stage, offering relief to accused while deterring frivolous litigation.