Chandrakant Gangadhar Kshirsagar v. Dayaram Motiram Pekhale and Anr.
Case brief
What is this about?
High Court allowed compounding of Section 138 offence after complainant affidavit confirmed receipt of demanded amount and no objection to quashing; acquitted original accused.
What did the court decide?
Accused acquitted by allowing compounding of the offence under Section 138 of the Negotiable Instruments Act.