Negotiable Instruments Act, 1881, Section 147

Negotiable Instruments Act, 1881—Section 147—Effect of—Pursuant to the insertion of Section 147, offence under the N.I. Act, which was previously non-compoundable in view of Section 320 sub-Section 9 of the Code has now become compoundable—That does not mean that the effect of Section 147 is to obliterate all statutory provisions of Section 320 of the Code relating to the mode and manner of compounding of an offence—Section 147 will only override Section 320 (9) of the Code in so far as offence under Section 147 of N.I. Act is concerned—Criminal Procedure Code, 1973, Section 320(9).