A Supreme Court bench comprising Justice Sanjay Karol and Justice Vipul M. Pancholi has set aside the conviction of an appellant in a cheque dishonour case after the parties entered into a settlement agreement. While allowing the appeal, the Court directed the appellant to deposit 10% of the cheque amount as compounding costs with the
SC Allows Compounding of Cheque Bounce Case at Final Stage; Imposes 10% Cost on Appellant
