Sri B Krishnamurthy v. Sri M Arun Kumar
Case brief
What is this about?
High Court of Karnataka, Bengaluru — CRL.RP No. 360 of 2021, oral order dated 01.12.2025 by Justice Ravi V Hosmani. Compounding of Section 138 NI Act cheque-dishonour conviction (cheque Rs.7,70,000/-) under Section 147 NI Act on full settlement of Rs.9,00,000/- against imposed fine of Rs.11,63,700/-; conviction in C.C.No.53994/2016 and its confirmation in Crl.A.No.25245/2018 set aside; accused acquitted; revision disposed of as settled. Search terms: Section 147 NI Act, compounding, settlement, cheque dishonour, acquittal, criminal revision, Section 397/401 CrPC, Karnataka High Court.
What did the court decide?
Compromise under Section 147 NI Act accepted; conviction and sentence dated 01.12.2018 in C.C.no.53994/2016 and confirming judgment dated 28.01.2021 in Crl.A.no.25245/2018 set aside; petitioner acquitted of offence under Section 138 NI Act; per accepted compromise terms, respondent permitted to withdraw deposits of Rs.1,54,000/- and Rs.4,07,500/- before XXXIII ACJM, Bengaluru.