Shiddalingappa S/O. Basavanneppa Baligeri v. Iranna S/O. Basavenneppa Baligeri
Case brief
What is this about?
This Criminal Revision Petition challenges a conviction for cheque dishonour under Section 138 of the NI Act. The High Court allowed the petition and acquitted the petitioner after accepting a compromise application filed under Section 320 Cr.P.C. read with Section 147 of the NI Act, where the petitioner deposited Rs.1 lakh to settle the dispute amicably with the respondent.
What did the court decide?
Petitioner acquitted of offence under Section 138 NI Act; judgment of conviction and sentence set aside; sum of Rs.1,00,000/- directed to be released to respondent.