Shri. Shridhar S/O Chandru Binage v. Viijayakumar B Gaonkar
Case brief
What is this about?
Karnataka HC (Dharwad), CRL.RP No. 100462 of 2025, decided 12.02.2026, V.SRISHANANDA J. Revision under S.397/401 CrPC by accused Shridhar Binage; conviction under S.138 NI Act (cheque No.495879 dated 04.12.2012, Rs.2,50,000, State Bank of Maharashtra Karwar Branch) upheld by first appellate court. Key point: cheque issued as security is also a legally recoverable debt; security-cheque defence rejected; conviction maintained. Fine of Rs.5,000 towards defraying expense of State set aside; Rs.2,50,000 compensation to complainant retained; trial court records returned for modified conviction warrant. Disposition: partly allowed.
What did the court decide?
Revision petition allowed in part: conviction for the offence punishable under Section 138 of the Negotiable Instruments Act, 1881 maintained; fine of Rs.5,000/- towards defraying expense of the State set aside; rest of the sentence (Rs.2,50,000/- compensation to the complainant) unaltered; Office directed to return the Trial Court records with a copy of the order for issuance of modified conviction warrant.