Himachali Parmar v. M/s Puri Ornaments and Anr.
Case brief
What is this about?
Section 138 Negotiable Instruments Act conviction; compounding of offence under Section 147 of the Act after conviction; Criminal Revision No. 151 of 2023; High Court of Himachal Pradesh at Shimla; Sandeep Sharma, J.; cheque No.029156 dated 24.03.2016 for Rs. 2,05,000 dishonoured for insufficiency of funds; ICICI Bank Branch Mandi; complaint by M/s Puri Ornaments; Sessions Judge Mandi enhanced compensation to Rs. 3,00,005; Damodar S. Prabhu v. Sayed Babalal H. (2015) 5 SCC 663 relied upon; acquittal on compounding; quashing of judgments of courts below; discharge of bail bonds; release of deposited compensation with upto-date interest to complainant; petition disposed of.
What did the court decide?
Offence under Section 138 of the Act compounded under Section 147 of the Act; judgments passed by the learned Courts below quashed and set aside; petitioner-accused acquitted of the charge under Section 138 of the Act; bail bonds of the accused discharged; Registry of this Court and trial Court directed to release the entire deposited compensation with upto-date interest to the respondent-complainant; petition disposed of along with pending applications, if any.