Supreme Court Legal Update #8

The Hon’ble Supreme Court in A.S. Pharma Pvt. Ltd. v. Nayati Medical Pvt. Ltd. & Ors. (Neutral Citation: 2024 INSC 690) observed that “ ...... In short, the position is ‘that an offence under Section 138, N.I. Act could be compounded under Section 147 thereof, only with the consent of the complainant concerned’.........”