Rajendra Anant Varik Vs Govind B. Prabhugaonkar 2025 INSC 633 - S.138 NI Act - Compounding - Article 142 Power
Negotiable Instruments Act- Section 138 - Supreme Court invoked Article 142 powers to to compound the offence under Section 138 NI Act and acquit the accused-subject to the condition that the entire amount [Cheque amount plus compensation amount] deposited by the accused-appellant shall be paid to the complainant-respondent, if the same has not been paid till date.
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