N I Act

DARSHNA (Querist) 09 August 2016 This query is : Resolved
Hii
If in any complaint u/s. 138 of N I Act, if an accused wanted to settled the matter by paying amount equal to cheque amount (which had been bounced), and which is a very nominal amt like Rs.3000/-, can application for compounding of the said offence be file on second date of hearing of the matter?
Actually, on first date also on which accused had been released on bail, accused was ready to settled by paying amt of cheque and Hon'ble Court was also directed complainant (Bank) to settled, but complainant refused to settled.

So, in above circumstances, what step accused can take on next date, if very honestly he want to settled the matter.

Kindly revert back as early as possible to enable us to proceed with the matter.

Thanks in advance.
Darshna

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Neeraj Arora (9897136755) (Expert) 09 August 2016
Sir'
After confessing for the offence, court has power to punish the accused as provided by low.
As per N. I. Act, court has power to punish with imprisonment for a term which may be extended to TWO years, OR with fine which may extend to twice the amount of the cheque, OR with both.