Allowed
M/S. Trishul Industries and Anr. v. M/S. K.H. Investment and Anr.
Bombay HCREVN/185/2006
Case brief
AI extract
What is this about?
The High Court of Bombay allowed the criminal revision application. Relying on compounding under Section 147 of the Negotiable Instruments Act, 1881 due to a settlement, the appellant was acquitted of the offence permitted to withdraw deposited money.
What did the court decide?
The Applicant was acquitted of the offence and permitted to withdraw the deposited sum of Rs.50,000/.