Question
Under Section 138, the offence is compoundable by virtue
of which provision?Solution
Section 147 provides that notwithstanding anything contained in the Code of Criminal Procedure, 1973, every offence punishable under the Act shall be compoundable. This allows the parties to settle and compound an offence under Section 138 even at later stages. Section 143 deals with summary trial, Section 144 with service of summons, Section 145 with evidence on affidavit, and Section 146 with the bank's slip as prima facie evidence.
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