Shabbir Khan Habib Khan Pathan v. Vishwakalyan Urban Co-Op. Credit Society Ltd. Aurangabad through Manager Damodar Sampatrao Dabhade
Case brief
What is this about?
The High Court allowed a criminal revision application and quashed convictions under Section 138 of the Negotiable Instruments Act. The court permitted the parties to compound the offence after recording an amicable settlement and issuance of a No Dues Certificate, leading to the acquittal of the applicant.
What did the court decide?
The criminal revision application was allowed; the impugned conviction order was quashed; the applicant was acquitted under Section 255 CrPC; bail bonds were cancelled and surety discharged.