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Madras High Court
Decided on: 27.04.2023

Negotiable Instruments Act, 1881 (26 of 1881), Section 138, 147 – Code of Criminal Procedure, 1973 (2 of 1974), Section 401 -- Compromise/ Compounding of offence after conviction -- Agreed amount deposited -- 5% of agreed amount deposited in High Court Legal Services Authority – Offence u/s 138 of NI Act compounded u/s 147 of Act -- Criminal Revision allowed, the judgments of the trial Court and the Appellate Court set aside and the accused is acquitted from the charges levelled against him.

(Para 1-4)

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