Adv. Roy,
This gentleman case apart, but present position of law is as follows:
1. "If the payment is made after the case is instituted, then the case may not be ended, but it will have consideration on sentence."
2. It is also being permitted by the courts to pay the cheque amount on the first date of appearance by accused on summons. If accused does so, then even if complainant insists for proceeding ahead with the case, the court has the discretion to close the matter.
3. Offense under S.138 is compoundable even at SC appeal level, now the other party in this case is Bank, if Bank dues are paid to the satisfaction of the Bank, then compoundability is certain.
4. if the accused is willing to compound after paying due % as set by Hon Apex Court (again a questionable order of SC), then hon court need not pay much attention to refusal by complainant to not compound. Somewhere the ration of this order of SC, indicates this.
So if we read all the three points above which have some variance with each other, then your strategy may work to close the case (in many cases), certainly not to frustrate the case.
Above all:
I urge all the law experts to think and realize, that the Hon SC has made an error (or permitted the propagation of error) in the proper interpretation of S.139 as far as presumption aspect is concerned (at least 8 sections of IPC and various central acts violated or gets compromised).
You talk of mens rea and all, I say it is so unfortunate and so erroneous that people are being asked to prove their innocence (fundamental presumption of innocence violated), one Hon court has ruled that Mens Rea is not applicable on S.138 ?? Another court says signature on the cheque of accused if admitted is the sufficient proof of execution of cheque?? (2 laws violated).
Example:
1. Signed Cheque of A is misplaced, and found by neighbor Y. Now neighbor Y fills up some amount gets it dishnoroed and files a case stating that out of friendly loan, so and so cheque and date and so and so amount. A being an honest fellow admits that yes signature on the cheque is his but the cheque got misplaced....PERIOD....
A = Top Notch lawyer or SC Judge
(Can A defend himself ? Y is a smart fellow did not make any technical mistake).
Contact me for the exact interpretation of S.139, only if you agree with present interpretation and fail to find any problem with present understanding).