Discuss the judgement of High Court in M/s Meters and instruments Pvt. Ltd V/s Kanchan Mehta AIR 2017 SC 4594 ?

Ans: The cheque was given to Kanchan Mehta by Meters and Instruments that was dishonoured. Kanchan Mehta made the notice of 138 of negotiable Instrument act send to Meters and Instruments but the payment was not given within 30 days and thus the case of section 138 of negotiable Instrument act was filed.

When the summon was issued to the director of Meters and Instruments, he told that he was agreed to complete the payment of cheque and he also issued the demand draft for that but  Kanchan Mehta refused to accept it and did not make settlement on the matter.

The Magistrate rejected the application of Meters and Instruments and told that the party could not be bound to compound in any criminal matter. The High Court also carried out the same .

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