Hansraj v. Radhey Shyam
Case brief
What is this about?
Conviction under Section 138 NI Act upheld in appeal was challenged in revision; parties settled and entire compensation paid. Court compounded the offence under Section 147 NI Act, set aside conviction and sentence, and acquitted the accused.
What did the court decide?
Offence compounded under Section 147 NI Act; conviction and sentence set aside; petitioner acquitted; bail bonds discharged.