Negotiable Instruments Act, 1881—Sections 138, 141 and 147

Negotiable Instruments Act, 1881—Sections 138, 141 and 147—Companies Act, 1956, Section 391—Criminal Procedure Code, 1973, Section 320— Compounding of an offence under Section 138 read with Section 141—Held, sanction of a scheme under Section 391 of the Companies Act, 1956 does not amount to compounding of an offence under Section 138 read with Section 141 of the N.I. Act.