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BREAKING| No Need For Pre-Cognizance Summons To Accused In S.138 NI Act Case : Supreme Court Issues Directions For Speedy Trial Of Cheque Bounce Cases https://www.livelaw.in/top-stories/no-pre-cognizance-summons-to-accused-in-s138-ni-act-supreme-court-directionsโ€ฆ
Landmark judgment on NI Act for various guidelines the below paragraph is on

Nature of NIA proceedings

Admittedly, the offence under Section 138 of the NI Act is quasi-criminal in character and is compoundable [See: Damodar S. Prabhu (supra)]. Recently,
in Gian Chand Garg v. Harpal Singh & Anr. a co-ordinate Bench of this Court has set aside concurrent convictions rendered by the Courts below on the ground that the proceeding under Section 138 of the NI Act is essentially a civil proceeding and it is open to the parties to enter into a voluntary compromise. Consequently, this Court is of the view that not only a voluntary compromise can bring the proceedings under Section 138 NI Act to an end, but

the accused under the said offence are entitled to benefit under the Probation of Offenders Act, 1958 [See: Chellammal & Another vs. State Represented by the Inspector of Police, 2025

SANJABIJ TARI v. KISHORE S. BORCAR & 2025

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