Sri M R Ramakrishna Murthy v. Sri P Narasimhamurthy
Case brief
What is this about?
Compounding of offence under Section 147 NI Act in cheque dishonour case; Section 138 NI Act conviction set aside on amicable settlement; complainant received ₹3 lakhs cash; application under Section 147 NI Act r/w Section 482 Cr.P.C; revision under Section 397/401 Cr.P.C; acquittal; bail bonds cancelled; CRL.RP No. 1700 of 2023; Chikkaballapura; High Court of Karnataka 18.02.2026; S Vishwajith Shetty, J.; NC: 2026:KHC:10310.
What did the court decide?
Permission to compound the offence granted; judgments of conviction and sentence passed by the courts below set aside; petitioner acquitted of the offence punishable under Section 138 N.I. Act; bail bonds, if any, cancelled ¶39