compramise in lokadalat of sec.138 act.

pushpakrishna (Querist) 03 February 2017 This query is : Resolved
dear experts,
is it necessary to deposit by an accused an amount when the case is reffered to lokadalat for compramise in cases of section138 of NI act.

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Rudrawar Narayanreddy (Expert) 03 February 2017
The compromise terms is to be reported to the court. If it is reported that already is recived and cheque is satisfied suffice court will close case

Ms.Usha Kapoor (Expert) 04 February 2017
Agree with Mr.Narayan Reddy.

Adv. Yogen Kakade (Expert) 04 February 2017
Do the settlement out of the court, finalize the terms and fulfill the same before the court with a proper application mentioning the terms of compromise and get it settled.

P. Venu (Expert) 04 February 2017
Why different queries on the same matter? Please post the complete facts in the same thread.

Rajendra K Goyal (Expert) 04 February 2017
Academic query.

State material facts of the problem if any.

How are you concerned / related with the query?

Looks like examination question.

ADV-JEEVAN PATIL, MUMBAI (Expert) 05 February 2017
Agree with expert in this case

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