Dismissed¶30

Patson Chit Funds Pvt. Ltd., Belagavi v. Shri.Nitin Mahesh Raikar

Karnataka HC1 Aug 2025CRL.A/100037/2019

Case brief

AI extract

What is this about?

Withdrawal of criminal appeal on out-of-court settlement; memo by appellant's counsel dated 01.08.2025; part payment of cheque amount; appeal under S.378(4) Cr.P.C. against acquittal; S.138 N.I. Act cheque dishonour case; acquittal dated 23.10.2018 in C.C. No.2263/2017 by JMFC-V, Belagavi; Patson Chit Funds Private Limited v. Nitin Mahesh Raikar; dismissed as withdrawn; no ratio on merits; no cases cited; no monetary figure stated.

What did the court decide?

None on merits; appeal dismissed as withdrawn after the appellant's memo reported that the respondent had paid part of the cheque amount and the matter was settled out of court amicably. ¶30

Patson Chit Funds Pvt. Ltd., Belagavi Vs Shri.Nitin… — Cheque Dishonour | Karnataka HC (2025)

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NC: 2025:KHC-D:9557 CRL.A No. 100037 of 2019

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA, DHARWAD BENCH

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DATED THIS THE 1^ST DAY OF AUGUST 2025 BEFORE

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THE HON'BLE MR. JUSTICE C.M. POONACHA CRIMINAL APPEAL NO. 100037 OF 2019 (A-)

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BETWEEN:

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PATSON CHIT FUNDS PRIVATE LIMITED, BELAGAVI, GANDHI BHAVAN, BELAGAVI, REPRESENTED BY ITS RECOVERY MANAGER, SHRI. RAJU NARAYAN JOSHI, AGE: 45 YEARS, OCC: RECOVERY MANAGER, R/O: RAMTHEERTH NAGAR, BELAGAVI.

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…APPELLANT

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(BY SRI. S.M. KALWAD, ADVOCATE)

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AND:

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SHRI. NITIN MAHESH RAIKAR, AGE: MAJOR, OCC: BUSINESS, R/O: H.NO.7/2, KHADE BAZAR, SHAHAPUR, BELAGAVI.

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…RESPONDENT

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YASHAVANT NARAYANKAR Digitally signed by YASHAVANT NARAYANKAR Location: HIGHCOURT OF KARNATAKA DHARWAD BENCH DHARWAD

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(NOTICE TO RESPONDENT SERVED)

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THIS CRIMINAL APPEAL IS FILED UNDER SECTION 378(4) OF CR.P.C., PRAYING TO ALLOW THIS APPEAL BY SETTING ASIDE THE ORDER OF ACQUITTAL ORDER DATED 23.10.2018 MADE IN C.C. NO.2263/2017 PASSED BY THE COURT OF JUDICIAL MAGISTRATE FIRST CLASS-V, BELAGAVI AND THE RESPONDENT BE PLEASED TO CONVICT FOR THE OFFENCE UNDER SECTION 138 OF N.I. ACT AND DIRECT THE RESPONDENT TO PAY THE CHEQUE AMOUNT WITH INTEREST THEREON AND ALSO WITH THE PENALTY IN INTEREST OF JUSTICE AND EQUITY.

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THIS APPEAL, COMING ON FOR HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER:

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CORAM: THE HON'BLE MR. JUSTICE C.M. POONACHA

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NC: 2025:KHC-D:9557 CRL.A No. 100037 of 2019

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HC-KAR

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ORAL JUDGMENT

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Learned counsel for the appellant has filed a memo dated 01.08.2025, which reads as follows:

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MEMO

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As per the instructions of the appellant, respondent has paid the part of the cheque amount and the matter is settled out of the court amicably. Hence, the appellant intends to withdraw the above said appeal in the interest of justice and equity.

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Dharwad, sd/-

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Dated:01.08.2025 Advocate for Appellant

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(S.M. Kalwad)

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In view of the aforementioned, the above appeal is

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dismissed as withdrawn.

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Sd/(C.M. POONACHA) JUDGE