Sri G v. Ravi v M/S Chandra Vividoddesha
Case brief
What is this about?
Karnataka HC (Bengaluru), CRL.RP No. 1130 of 2025, NC: 2026:KHC:12001 — G V Ravi v. M/S Chandra Vividoddesha Sahakara Sanga Niyamitha; order dated 26.02.2026 by S Vishwajith Shetty J. Revision under S.397/401 Cr.PC against S.138 NI Act conviction (C.C.No.18148/2022, dt. 27.04.2024) and appellate judgment (Crl.A.No.898/2024, dt. 26.05.2025) allowed in terms of amicable settlement of Rs.17,44,016/-; conviction and sentence set aside, accused acquitted, bail bonds cancelled, Rs.3,54,000/- deposit released to complainant, trial court records to be returned.
What did the court decide?
Revision allowed in terms of the settlement: conviction and sentence passed by the Courts below set aside; petitioner acquitted of the offence punishable under Section 138 NI Act and bail bonds, if any, cancelled; respondent/complainant permitted to withdraw Rs.3,54,000/- deposited before the Trial Court in C.C.No.18148/2022; registry directed to forthwith return the trial court records.