Under the Negotiable Instruments Act, 1881, once the cheque dishonour offence is compounded:
Once an offence is compounded under s.147, it has the effect of acquitting the accused and the case ends, rather than continuing, restarting as a new trial, or triggering a…
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Under the Negotiable Instruments Act, 1881, once the cheque dishonour offence is compounded:
Answer and explanation
Correct answer B
Once an offence is compounded under s.147, it has the effect of acquitting the accused and the case ends, rather than continuing, restarting as a new trial, or triggering a bank investigation.
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