Nazar Mohmad v. State. NCT of Delhi & Anr.
Case brief
What is this about?
The petitioners, facing proceedings under the Negotiable Instruments Act, filed criminal revision petitions seeking directions based on a mutual settlement. The court observed that an amount of Rs. 3.90 lakhs had been paid, and the balance deposited with the court. Upon verification of the settlement for a total of Rs. 9 lakhs, the court directed the release of deposited funds to the respondent, c
What did the court decide?
Complaints under Section 138 NI Act compounded; deposited balance of Rs. 5,10,000/- released to respondent; petitions disposed of.