Negotiable Instruments Act, 1881 · Chapter XVII: Of Penalties in Case of Dishonour of Certain Cheques for Insufficiency of Funds in the Accounts

Section 147: Offences to be compoundable

Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.

Supreme Court judgments citing the section 147

• Sanjabij Tari v. Kishore S. Borcar & Anr.
  2025 INSC 115825 September 2025Appeal(s) allowed

  The present appeal has been filed challenging the ex-parte judgment and order dated 16.04.2009 passed by the High Court acquitting the respondent no.1-accused u/s.138 of the Negotiable Instruments Act, 1881 and…

• A.S. Pharma Pvt. Ltd. v. Nayati Medical Pvt. Ltd. & Ors.
  2024 INSC 69023 July 2024Disposed of

  High Court whether justified in exercising its inherent power under Section 482, Cr.P.C and the power under Section 147, N.I. Act, 1881 to compound the offence u/s.138 of the Negotiable Instruments Act, 1881, despite…

• M/s New Win Export & Anr. v. A. Subramaniam
  2024 INSC 53511 July 2024Appeal(s) allowed

  Whether in the instant case, conviction under Section 138 of the Negotiable Instruments Act, 1881 could be quashed by the Supreme Court as the parties had settled the dispute among themselves by entering into a…

• Raj Reddy Kallem v. The State of Haryana & Anr.
  2024 INSC 3478 April 2024Appeal(s) allowed

  Appellant was convicted u/s.138 of the Negotiable Instruments Act, 1881. Additionally, an FIR was also filed against the appellant u/ ss.406, 420, 120B, IPC. Parties agreed to compound the offence at the appellate stage…

• Ajay Kumar Radheyshyam Goenka v. Tourism
  2023 INSC 23215 March 2023Dismissed
• M/S Gimpex Private Limited v. Manoj Goel
  2021 INSC 6378 October 2021Partly allowed
• Prakash Gupta v. Securities and Exchange Board of India
  2021 INSC 35323 July 2021Disposed of
• P. Mohanraj & Ors. v. M/S. Shah Brothers Ispat Pvt. Ltd.
  2021 INSC 1331 March 2021Disposed of
• J.V. Baharuni & Anr. v. State of Gujarat & Anr.
  2014 INSC 73216 October 2014Appeal(s) allowed
• Madhya Pradesh State Legal Services Authority v. Prateek Jain & Anr.
  2014 INSC 62110 September 2014Disposed of
• Indian Bank Association and Others v. Union of India and Others
  2014 INSC 96321 April 2014Disposed of
• Jik Industries Limited & Ors. v. Amarlal v. Jumani and Another
  2012 INSC 601 February 2012Dismissed
• Damodar S. Prabhu v. Sayed Babalal H.
  2010 INSC 2603 May 2010Disposed of