Rupesh D. Naik v. V.P.K. Urban Co-Op. Cr. Society Ltd., Rep. by Pandu B. Khandeparkar and Anr.
Case brief
What is this about?
Compounding of cheque-bounce offence under Section 138 of the N.I. Act; acquittal upon compounding with complainant's consent and full payment of cheque amount; Bombay High Court at Goa; conviction by JMFC Valpoi (OA/347/NI/2018) upheld by Sessions Court (Criminal Appeal No. 178/2024); penalty deposit of Rs.10,000 before GSLSA; refund of Rs.1,00,000 court deposit; neutral citation 2025:BHC-GOA:1720.
What did the court decide?
Offence under Section 138 of the N.I. Act compounded and Applicant stands acquitted; Rs.1,00,000/- deposited before this Court under order dated 04.08.2025 to be transferred to the Applicant's account (Archana Naik, State Bank of India, Sankhali branch, A/c No. 20167788149, IFSC SBIN0011156) within two weeks; Criminal Revision Application and all Misc. Applications including Criminal Misc. Application No.67/2025 stand disposed of.