Supreme Court modifies its earlier judgment in a cheque dishonour case under Section 138 of the Negotiable Instruments Act.
Parties reached a compromise with S.S. Production paying Rs. 33 lakh to the complainant as full settlement.
Court upholds conviction but reduces six-month sentence to time already served, ordering immediate release.
The ruling recalls a previous dismissal of the Special Leave Petition based on a similar precedent case.