Supreme Court Reiterated Section 147

The Supreme Court (on July 23, 2024) reiterated that dishonor of cheque cases can be compounded under Section 147 (Offence to be compoundable) of the Negotiable Instruments Act (N.I. Act) only with the consent of a complainant.

In the present case, the High Court had compounded the offence, even though the appellants/ complainant had not consented, by invoking its inherent power under Section 482 Cr.P.C. Distinguishing these two sections, the Bench of Justices CT Ravikumar and Sanjay Karol 

Keywords: Section 147, Cheque Bouncing Act , Dishonor of cheque