Smt. Shakunthala W/O Kallappa Hosamani v. M/S Gandhinagar Urban Co. -Operative
Case brief
What is this about?
The High Court of Karnataka disposed of a criminal petition seeking to quash proceedings under Section 138 of the Negotiable Instruments Act. The court accepted a compromise petition filed under Section 147 of the Act read with Section 482 of the Cr.P.C., noting that the full claim amount was paid and settlement terms were legal and equitable.
What did the court decide?
The petition was disposed of as having compromised based on the settlement of the claim amount.