The case involves a criminal application (APL No. 566/2023) filed in the High Court of Judicature at Bombay, Bench at Nagpur, by several applicants who are accused in a criminal complaint filed by MPM Private Limited under Section 138 of the Negotiable Instruments Act, 1881. The applicants are aggrieved by the order passed by the Additional Chief Judicial Magistrate, Nagpur, rejecting their application for compounding the offence upon full payment of the cheque amount. The applicants contend that the order suffers from non-consideration of the law laid down by the Supreme Court in Damodar S. Prabhu vs. Sayed Babalal and Meters and Instruments Private Limited vs. Kanchan Mehta. The applicants, who are directors of Castex Technologies Limited, were accused of dishonoring

The case involves a criminal application (APL No. 566/2023) filed in the High Court of Judicature at Bombay, Bench at Nagpur, by several applicants who are accused in a criminal complaint filed by MPM Private Limited under Section 138 of the Negotiable Instruments Act, 1881. The applicants are aggrieved by the order passed by the Additional Chief Judicial Magistrate, Nagpur, rejecting their application for compounding the offence upon full payment of the cheque amount. The applicants contend that the order suffers from non-consideration of the law laid down by the Supreme Court in Damodar S. Prabhu vs. Sayed Babalal and Meters and Instruments Private Limited vs. Kanchan Mehta. The applicants, who are directors of Castex Technologies Limited, were accused of dishonoring