Section 147 NI Act: Offences to be compoundable

Negotiable Instruments Act, 1881

Section 147 NI Act at a Glance

Section 147 NI Act declares that every offence punishable under the Negotiable Instruments Act, 1881 is compoundable, meaning it can be settled between the parties, regardless of anything contained in the Code of Criminal Procedure, 1973.

Section 147 NI Act Bare Act Text

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

Section 147 NI Act in Simple Words

Section 147 NI Act makes every offence punishable under the Negotiable Instruments Act, 1881 compoundable. This rule applies notwithstanding anything contained in the Code of Criminal Procedure, 1973.

The Act still refers to the Code of Criminal Procedure, 1973, which the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS) replaced from 1 July 2024.

When Section 147 NI Act Applies

An offence is punishable under the Negotiable Instruments Act, 1881.
Every such offence is compoundable, notwithstanding anything contained in the Code of Criminal Procedure, 1973.

Example of Section 147 NI Act

Arjun faces prosecution in a court in Belagavi for an offence punishable under the Negotiable Instruments Act, 1881 after a cheque drawn in favour of Swati is dishonoured. During the proceeding, Arjun pays the agreed amount to Swati, and both parties agree to settle the case. Under Section 147 NI Act, because every offence punishable under the Negotiable Instruments Act, 1881 is compoundable regardless of the Code of Criminal Procedure, 1973, the parties can compound the offence.

FAQs on Section 147 NI Act

What is Section 147 NI Act?▼

Section 147 NI Act states that every offence punishable under the Negotiable Instruments Act, 1881 is compoundable. This means the parties can legally settle the offence by compromise, notwithstanding anything contained in the Code of Criminal Procedure, 1973.

Are offences under the Negotiable Instruments Act, 1881 compoundable under Section 147 NI Act?▼

Yes. Section 147 NI Act makes every offence punishable under the Negotiable Instruments Act, 1881 compoundable.

Does the Code of Criminal Procedure, 1973 restrict compounding under Section 147 NI Act?▼

No. Section 147 NI Act operates notwithstanding anything contained in the Code of Criminal Procedure, 1973.

Have questions about Section 147 NI Act?

Ask NyayGuru about your situation and get an answer based on the Negotiable Instruments Act, 1881.

Ask NyayGuru →

Disclaimer: This is for informational purposes only. Always consult a qualified advocate for legal advice.

Sources: Bare Act Text, Negotiable Instruments Act, 1881 (India Code) ·