VidhiSangh

Negotiable Instruments Act, 1881

Section 147: Offences to be compoundable

Chapter XVII — Of Penalties in Case of Dishonour of Certain Cheques for Insufficiency of Funds in the Accounts

147. Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974),every offence punishable under this Act shall be compoundable].

Source: official text of the Negotiable Instruments Act, 1881.