The Trial Court companyvicted the appellant under Section 138 of the Negotiable Instruments Act and sentenced him to undergo rigorous imprisonment for a period of six months and to pay Rs.1,50,000/ by way of companypensation.
During the pendency of this appeal, a companypromise petition has been filed in which the parties have sought permission to companypound the offence.The present appeal has been filed by special leave.
The said order has been companyfirmed in appeal upon the matter being taken to the High Court in revision.
Heard learned companynsel for the parties.
Leave granted.
