The offence is compoundable, and a settlement between payee and drawer will ordinarily bring proceedings to an end. The complication is cost: courts routinely attach a graded deposit to compounding sought after conviction.
The graded scale
The scale set out by the Supreme Court rises with the stage at which compounding is sought, running from a nominal cost at the trial stage to fifteen per cent of the cheque amount before the highest court.
Sources & citations
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