Section138 NI Act Allows Compounding Without Complainant's Consent if Accused Compensated: Supreme Court

In a significant ruling, the Supreme Court of India has quashed all criminal proceedings against Raj Reddy Kallem under Section 138 of the Negotiable Instruments Act. The case revolves around a disputed purchase order for a "Promotec Fiber Laser Cutting Machine." Here's a detailed breakdown of the case: 1. Background of the Case: In 2012, a purchase order was placed by the complainant, Mrs. XYZ, for the supply of the…