Shaine Alexius Fernandes v. the Madgaum Urban Co. Op Bank Ltd.
Case brief
What is this about?
Bombay High Court at Goa; CRMA 96/2025 and 89/2025 in Criminal Revision Application 32/2025; Shaine Alexius Fernandes v. Madgaum Urban Co Op Bank Ltd; decided 15.09.2025 by Valmiki Menezes, J.; Section 138 NI Act cheque dishonour; conviction by JMFC Panjim dated 30.03.2023 in Criminal Case No. OA/305/NIA/2018/C; Sessions appeal (Criminal Appeal No. 143/2023) dismissed 04.09.2023; compounding of offence under Section 138; acquittal after deposit of full compensation of Rs. 14,00,000/- into complainant bank's account with No Dues Certificate dated 04.09.2024; penalty of Rs.50,000/- deposited with GSLSA applying Damodar S. Prabhu v. Sayed Babalal H (2010) 5 SCC 663; criminal revision and pending miscellaneous applications disposed of.
What did the court decide?
Applicant stands acquitted of the offence under Section 138 of the N.I. Act; the Criminal Revision Application and all pending Miscellaneous Applications stand disposed of in view of that order.