In Brief
N.P. Murugesan was convicted and sentenced under Section 138 of the Negotiable Instruments Act, 1881 for issuing a cheque that was dishonoured. On appeal, the Supreme Court learned that the appellant had already paid the cheque amount, which was acknowledged by the respondent. The Court set aside the conviction and sentence, directing the appellant to pay Rs. 10,000 as costs to the Mediation Centre attached to the Madras High Court, treating this as the appropriate outcome in the circumstances.
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