Sri Amarnarayana Babu v. Smt Saraswathamma
Case brief
What is this about?
This revision petition challenges a conviction under Section 138 of the Negotiable Instruments Act. The High Court allowed the petition after the parties filed an application agreeing to settle the dispute. Consequently, the offence was compounded, and the impugned judgment of conviction and sentence was set aside, acquitting the petitioner.
What did the court decide?
Revision petition allowed; impugned judgments setting aside; offence compounded; petitioner acquitted and set free; payment of graded costs dispensed with.