rajan chopra
(Querist) 02 July 2013
This query is : Resolved
The terms like offence compromised and offence compounded have same or different meaning in ni act?
prabhakar singh
(Expert) 03 July 2013
Yes!Both should be understood to convey same meaning with reference to N.I. Act.
In fact 'Compound' in law refers to agree to not prosecute offender for terms arrived at with him.So it is comound we use with reference to a crime. And when parties settle their civil dispute we call it compromise. Just this much is the distinction.
Since cheque bounce is principally a civil dispute and it has been intentionally legislated as to be recognized as crime with intention to make cheques as acceptable as the cash . Hence here we loosely use both the terms.
Guest
(Expert) 03 July 2013
By endorsing the views of Shri Prabhakar, I may add that compounding is done by the order of the judge, whereas the compromise between the parties is solely dependant upon the acceptance in principle by the judge to allow compounding, provided the provision of any law is not violated by such compromise.
Nadeem Qureshi
(Expert) 03 July 2013
nothing left to add
Raj Kumar Makkad
(Expert) 03 July 2013
net result of both the words is same though the procedure is different as wisely clarified by duo experts.
Rajendra K Goyal
(Expert) 03 July 2013
Well advised by the experts, nothing more to add.
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