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?
Bombay High Court at Goa; Criminal Revision Application No.31 of 2025 with Criminal Misc. Applications No.67/2025 and No.97/2025; Rupesh D. Naik (Applicant) v. V.P.K. Urban Co-op. Cr. Society Ltd., rep. by Pandu B. Khandeparkar and Anr. (Respondents); Coram: Valmiki Menezes, J.; decided 15th September, 2025; Section 138 of the N.I. Act; compounding of cheque-dishonour offence; acquittal on compounding; conviction by J.M.F.C., Valpoi in Criminal Case No. OA/347/NI/2018 dated 25.10.2023; upheld by Sessions Court in Criminal Appeal No. 178/2024 dated 03.06.2024; entire cheque amount paid to complainant; complainant consented to compounding; Rs.10,000 penalty deposited before GSLSA; refund/transfer of Rs.1,00,000 court deposit to Applicant's SBI Sankhali account within two weeks; Counsel: Mukeshbabu Navelkar for Applicant, Omkar Parab for Respondent No.1.
What did the court decide?
Compounding of the offence under Section 138 of the N.I. Act and acquittal of the Applicant; refund of the Rs.1,00,000/- deposited in Court to the Applicant's bank account within two weeks.