V.Jayarami Reddy and Another, v. M/S. Jayalakshmi Firtilizers , Gooty and Another
Case brief
What is this about?
Andhra Pradesh High Court, Amaravati (T. Mallikarjuna Rao, J.), 11.08.2025; CRLRC No.1948 of 2010 with I.A.Nos.2 to 6 of 2025; V. Jayarami Reddy & P. Mallikarjuna Reddy (Jayalakshmi Fertilizers) v. M/s Sri Balaji Fertilizers (U. Nageshwara Reddy) & State of A.P.; Section 138 NI Act cheque dishonour; compounding of offence in criminal revision; joint compromise memo recorded; Damodar S. Prabhu v. Sayed Babalal (2010) 5 SCC 663 guidelines - 15% of cheque amount as compounding cost at revision stage; fee reduced to Rs.2,000/- deposited with A.P. High Court Legal Services Committee (DD No.631159 dt.11.08.2025); acquittal under Section 320(8) Cr.P.C. on compounding; bail bonds discharged; Section 359(8)/528 BNSS petitions; Section 147 NI Act; Section 357 Cr.P.C. compensation out of fine; condonation of 25 days' delay; conviction of 18.05.2009 (CC No.329/2003, JFCM Gooty) and appellate judgment of 13.10.2010 (Crl.A.71/2009) set aside.