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Cheque Bounce₹399 + 18% GST

Cheque Bounce Settlement & Compounding Deed

Compound the offence under Section 147 — close the matter

A settlement-cum-compounding deed to amicably close a Section 138 matter. Section 138 offences are compoundable under Section 147 of the NI Act. Records the settlement amount, payment schedule, and the parties' consent to compound and withdraw the proceedings.
What you'll need to provide
  • Complainant / payee name
  • Accused / drawer name
  • Original cheque amount (₹)
  • Agreed settlement amount (₹)
  • Payment schedule (lump sum / instalments)
  • Court where case is pending (if filed)
  • Case number (if filed)
  • Key settlement terms / context
A preparation aid — not legal advice. This document is drafted from the details you provide. Please have it reviewed and validated by a competent lawyer before you sign, serve, file or rely on it. MSME Prime does not replace a lawyer.