Madhu N.S. v. the State of Karnataka
Case brief
What is this about?
High Court of Karnataka, Bengaluru; CRL.P No. 2644 of 2025; decided 01-07-2025; Justice S.R. Krishna Kumar (oral order); quashing of FIR on the basis of compromise/compounding between parties; petition under S.482 Cr.P.C./S.528 BNSS; offences under BNS 2023 Sections 316(2), 316(4), 318(2)/318(3), 3(5) (cheating/criminal breach of trust group offences); FIR Crime No.0162/2024, Arasikere Town Police Station, Hassan District; alleged misappropriation of Rs.44,32,778/- via re-pledging of customers' gold at Manappuram/Manapuram Finance Ltd Arsikere branch; settlement payment of Rs.40,00,000/- by demand drafts; compounding under Section 320 r/w Section 528 BNSS; proceedings quashed qua petitioner only.
What did the court decide?
Petition disposed of in terms of the Memorandum of Settlement / Compromise petition dated 01.07.2025; entire proceedings pursuant to FIR in Crime No.162/2024 (offences under Sections 316(2), 316(4), 318(3), 3(5) of BNS, 2023) pending before Civil Judge (Sr.Dn) & JMFC, Arasikere, quashed insofar as the petitioner is concerned.