Sri R S Kulakarni v. Sri v Raju
Case brief
What is this about?
The High Court allowed the criminal revision petition. Upon filing a joint memo confirming the respondent's withdrawal of the difference in cheque and acceptance of payment, the Court compounded the offence under section 138 of the Negotiable Instruments Act. Consequently, the convictionsby the Magistrate and Sessions Court were set aside, and the petitioner was acquitted.
What did the court decide?
The joint memo is placed on record, the offence is compounded, convictions by Magistrate and Sessions Court are set aside, petitioner is acquitted, and respondent is permitted to withdraw deposited am