P&H: Quashes Cheque Bounce Conviction After Parties Settle Dispute
The Punjab and Haryana High Court has set aside a cheque bounce conviction after the accused and the complainant settled the matter and the entire disputed amount was paid.
The case arose from a complaint under Section 138 of the Negotiable Instruments Act, 1881. The complainant had alleged that the petitioner borrowed Rs. 1 lakh in 2014 and later issued a cheque for the same amount, which was dishonoured with the remark “signature differs”. After notice was served and payment was not made, the trial court convicted the accused and sentenced him to one year’s simple imprisonment along with compensation.
