Court has discretion to allow compounding of cheque bouncing cases: Supreme CourtOctober 6 2017
Presumably with a view to easing docket explosion, the Supreme Court has held that courts have the discretion to close punitive proceedings under Section 138 of the Negotiable Instruments Act, 1881, which deals with cheque bouncing.
The same was held by a Bench of Justices AK Goel and UU Lalit in an appeal from a judgment of the Punjab & Haryana High Court.
The matter had its genesis in July 2016, when a complaint was filed after . . .
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