Is section 138 of NI Act compoundable? If yes any case laws?
An offence u/s 138 is very much compoundable by virtue of section 147 of the Negotiable Instruments Act.
Moreover the offence u/s 138 is compoundable not only at the stage of trial but also during the stages of appeals, revisions and even SLP.
The relevant authority is 2004 CRLJ 3786.
Adv. Murtaza Najmi, Mumbai.