Arvind Ramchandra Jagtap v. Balkrishna Finance Cororation Throuth Mangesh Balkrishna Kulkarni
Case brief
What is this about?
Section 138 Negotiable Instruments Act; cheque dishonour conviction quashed; compounding of offence permitted; compromise and consent terms verified 29.09.2025; applicant acquitted; criminal revision application allowed; JMFC Aurangabad S.C.C. No. 869 of 2014; Criminal Appeal No. 164 of 2018 Additional Sessions Judge Aurangabad; deposit of Rs. 40,000/- compensation and Rs. 2,250/- costs with Legal Services Authority to be transmitted to complainant; bail bonds cancelled; Bombay High Court Aurangabad Bench; Abhay J. Mantri, J.; decision dated 07.10.2025.
What did the court decide?
Revision application allowed; judgment and order of conviction dated 29 August 2018 (J.M.F.C., Aurangabad, S.C.C. No. 869 of 2014) and judgment and order dated 10 February 2025 (Additional Sessions Judge, Aurangabad, Criminal Appeal No. 164 of 2018) confirming the conviction and substantive sentence quashed and set aside; applicant acquitted under Section 138 of the Negotiable Instruments Act; Rs. 40,000/- deposit to be transmitted to respondent's bank account within two weeks on submission of account details; bail bonds cancelled; Criminal Application No. 1451 of 2025 disposed of; order to be informed to both Courts below.