Disposed¶21

Prasanna Shrikant Akhadkar v. V.P.K. Urban Co-Op. Society Ltd., Rep. by Its Legal Officer, Tukaram Gaude and Anr.

Bombay HC15 Jul 2025CRMA/73/2025

Case brief

AI extract

What is this about?

Compounding of Section 138 NI Act offence; acquittal after conviction; cheque dishonour; Bombay High Court at Goa; Valmiki Menezes J.; Damodar Prabhu v. Sayed Babalal (2010) 5 SCC 663 costs deposit; Goa State Legal Services Authority; compensation Rs. 1,20,000; no objection by complainant co-operative bank; CRMA 73/2025; CRIR 16/2025; Vasco JMFC conviction dated 27.02.2022.

What did the court decide?

Compounding of the offence under Section 138 of the Negotiable Instruments Act permitted; Applicant acquitted; entire compensation already deposited and transferred to Respondent No.1; CRMA 73/2025 and CRIR No. 16/2025 both disposed of. ¶21

Prasanna Shrikant Akhadkar Vs V.P.K. Urban Co-Op. Society… — Cheque Dishonour | Bombay HC (2025)

¶1

CRMA 73 of 2025

¶2

2025:BHC-GOA:1240

¶3

Sonam

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IN THE HIGH COURT OF BOMBAY AT GOA

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CRIMINAL MISC. APPLICATION NO.73 OF 2025 IN CRIMINAL REVISION APPLICATION NO.16 OF 2025 PRASANNA SHRIKANT AKHADKAR ... APPLICANT

¶6

Versus

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V.P.K. URBAN CO-OP. SOCIETY LTD., REP. BY ITS LEGAL OFFICER, TUKARAM GAUDE AND ANR ... RESPONDENTS

¶8

Mr. Ashay Priolkar, Advocate for the Applicant.

¶9

Mr. Jatin Ramaiya (through V.C.), Advocate for Respondent No. 1.

¶10

Mr. Sachin Chimbalkar, Legal Officer of Respondent No.1 present in person.

¶11

Mr. Gaurish Nagvenkar, Additional Public Prosecutor for Respondent No. 2.

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CORAM:- VALMIKI MENEZES, J.

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DATED :- 15th July, 2025

¶14

P.C.:

¶15

This is an application for compounding of the offence under Section 138 of the Negotiable Instruments Act. Pursuant to the order of conviction passed by the Judicial Magistrate First Class 'B' Court at Vasco dated 27.02.2022 in Criminal Case No. OA/NIA/215/2018/B, the Magistrate has sentenced the Applicant to undergo simple imprisonment of one month and pay compensation of Rs. 1,20,000/and in default to undergo further imprisonment of six months.

Page 1 of 2

15th July, 2025

CRMA 73 of 2025

The Applicant has deposited the entire compensation before the Registry of this Court, which was transferred to Respondent No.1/Co-operative Bank vide order dated 26.03.2025, pursuant to which a compounding application has been filed to compound the offence. Respondent No. 1 represented by learned Advocate Mr. Jatin Ramaiya, on instructions of Mr. Sachin Chimbalkar, Legal Officer, who is personally present in the Court submits that he has no objection for compounding of the offence. An amount of Rs. 16,200/- has been deposited with the Goa State Legal Services Authority in terms of the Judgment of the Supreme Court in Damodar Prabhu Vs Sayed Babalal, reported in (2010)5 SCC 663 for compounding of the offence.

¶20

Considering these facts, the Applicant is acquitted of the offence under Section 138 of Negotiable Instruments Act.

¶21

The application stands disposed of, so also CRIR No. 16/2025 also stands disposed of.

¶22

VALMIKI MENEZES, J.

¶23

Page 2 of 2 15th July, 2025

Prasanna Shrikant Akhadkar v. V.P.K. Urban Co-Op. Society Ltd., Rep. by Its Legal Officer, Tukaram Gaude and Anr.

Case brief

What is this about?

What did the court decide?

Prasanna Shrikant Akhadkar v. V.P.K. Urban Co-Op. Society Ltd., Rep. by Its Legal Officer, Tukaram Gaude and Anr.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Cases cited

Statutes considered

Procedural history

Parties & counsel

Coram

Case details

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