Rajnikant Gomtiprasad Tiwari v. M/S. Suraksha Travels Pvt. Ltd. and Anr.
Case brief
What is this about?
Held that the Rs.15,000 deposit by the original complainant before the Appellate Court is treated as part of compensation. The applicant agreed to pay an additional Rs.15,000 to compound the offence. Consequently, the conviction and compensation were quashed.
What did the court decide?
Conviction under Section 138 of the Negotiable Instruments Act was quashed and set aside. Application to compound under Section 147 was accepted.