Pawan Kumar v. Himachal Pradesh Gramin Bank
Criminal Revision (Himachal Pradesh High Court) – Negotiable Instruments Act
Case brief
What is this about?
Pawan Kumar v. Himachal Gramin Bank, Criminal Revision No.387 of 2023, decided 03.01.2024, HP High Court (Virender Singh, J.). Keywords: Section 138 NI Act; Section 147 NI Act; compounding of offence; cheque dishonour; Cheque No.299101 dated 21.12.2010; settlement between parties; Cr.MP No.32 of 2024; acquittal on compounding; 8% of cheque amount as compounding fee; H.P. State Legal Services Authority; release of Rs.15,000/- deposit; deemed dismissal on default; Additional Sessions Judge Sarkaghat; Additional Chief Judicial Magistrate Sarkaghat.
What did the court decide?
Revision petition allowed; offence compounded under Section 147 NI Act; judgment of conviction dated 26.11.2018 and order of sentence dated 31.05.2019 set aside and petitioner acquitted under Section 138 NI Act; personal and surety bonds cancelled and discharged; subject to deposit of 8% of cheque amount as compounding fee with Member Secretary, H.P. State Legal Services Authority, Shimla, within two months, failing which the petition is deemed dismissed with revival of conviction and sentence; amount deposited in the Registry released to complainant-Bank.