Chandrakant Gangadhar Kshirsagar v. Dayaram Motiram Pekhale and Anr.
Case brief
What is this about?
Allowed compounding of an offence under Section 138 of the Negotiable Instruments Act upon receipt of Rs. 20,000 and a complaint affidavit, resulting in acquittal of the applicant.
What did the court decide?
Compounding of offence and acquittal of the applicant.