Negotiable Instruments Act, 1881

Negotiable Instruments Act, 1881—Section 147 read with Section 138—It is true that the application under Section 147 of the Negotiable Instruments Act was made by the parties after the proceedings had been concluded before the Appellate Forum—However, Section 147 of the aforesaid Act, held, does not bar the parties from compounding an offence under Section 138 even at the appellate stage of the proceedings.