Shri Anthoy F Fernandes v. Jayashankar Kalkundrikar
Case brief
What is this about?
Revision against conviction under Section 138 NI Act was settled between the parties via a joint memo; the High Court recorded the compromise, allowed the petition, set aside the trial and appellate judgments, acquitted the petitioner, and directed release of the deposited amount to the complainant.
What did the court decide?
Petition allowed in terms of compromise; judgments of trial court and first appellate court set aside; petitioner acquitted under S.138 NI Act; deposited Rs.1,50,800/- released to complainant.