Sri Nithyananda Shetty v. Sri S Nagaraj
Case brief
What is this about?
HC-Karnataka (Bengaluru) oral order dated 08-01-2026 by S Vishwajith Shetty J allowing CRL.RP No. 391 of 2017 (Ss.397 r/w 401 CrPC) on a joint memo of settlement: cheque-dishonour conviction under S.138 NI Act (JMFC-V Mangalore CC 799/2012, judgment 5.1.2015; confirmed by Principal Sessions Judge D.K. Mangaluru 16.02.2017) set aside, accused Nithyananda Shetty acquitted, respondent S. Nagaraj permitted to withdraw Rs.75,000/- trial-Court deposit; total settlement Rs.1,10,000/- incl. Rs.35,000/- cheque payment.
What did the court decide?
Criminal revision petition allowed; impugned judgment and order of conviction and sentence of both Courts below set aside; petitioner acquitted of the offence punishable under Section 138 of N.I. Act; respondent-complainant permitted to withdraw Rs.75,000/- deposited by the petitioner before the trial Court in C.C.No.799/2012.