Satish S/O Manohar Naik v. Mangaldas S/O Subray Kamat
Case brief
What is this about?
Accused convicted under Section 138 NI Act, conviction upheld in appeal, sought revision. Petitioner and complainant settled for Rs.4,48,000/- and filed a compounding application under Section 147 NI Act; court accepted it, set aside the conviction and appellate confirmation, acquitted the accused and cancelled his bail bond.