Gujarat High CourtQuashing
Gujarat HC quashes cheque-bounce case against Surat trader after parties settle
Complainant confirmed full payment on affidavit; offence is compoundable under S. 147 NI Act.
Published
00Background
A complaint under S. 138 was pending before the Magistrate at Surat. The parties settled during mediation and the complainant received the full cheque amount.
01Submissions
For the applicant
The dispute is purely commercial and fully settled. Continuing the trial serves no purpose.
For the complainant (respondent no. 2)
Payment received in full; no objection to quashing.
02Observations
The Court verified the complainant’s affidavit and presence in court and treated the case as a fit one for quashing on settlement.
03Findings & directions
- Complaint and all consequential proceedings quashed.
- No costs.
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