Negotiable Instruments Act,1881 under sections 138 to 142 deals with offence and prosecution for dishonour cheques which were brought into force with effect from 1st April 1989 by Section 4 of the Ban...
Read MoreThe notion of compounding of offences is not new. Related provisions were also present in Section 621A of the Companies Act, 1956. While there is no definition of the word “compounding” given eith...
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