Rajulaudi Anandakumar v. the State of Andhra Pradesh and Another
Case brief
What is this about?
High Court allowed a criminal revision under Sections 397 and 401 CrPC. Upon verification of a submitted memo stating the petitioner settled his loan and paid the entire dues with Respondent No. 2, the court set aside the conviction and sentence under Section 138 NI Act and acquitted the petitioner.
What did the court decide?
Revision case allowed; conviction and sentence set aside; petitioner acquitted under Section 138 NI Act; fine refunded.