Mr.M. Manjesh v. M/S. the India Cements Ltd.
Case brief
What is this about?
Conviction under Section 138 NI Act for a dishonoured cheque of about Rs.3.6 lakh was compromised by joint memo: respondent to receive Rs.3,69,539 including Rs.10,000 costs, payable partly from deposits and partly in three installments, failing which the conviction order stands restored automatically.