Baldev Singh Brakta v. Yashpal
Case brief
What is this about?
HC of HP allowed temporary petition challenging conviction for cheque bounce. Court accepted inter-party compromise with full compensation paid and directed quashing of conviction, acquittal of petitioner, and discharge of bail bonds under Section 147 NI Act.
What did the court decide?
Petition allowed; offence compounded under Section 147 NI Act; conviction quashed; accused acquitted; bail bonds discharged; ordered release of deposited compensation to complainant.