M/S Mfi Finance and Investments (P) Limited v. Smt. Padma
Case brief
What is this about?
MFI Finance and Investments (P) Limited; T H Manjunatha; Smt. Padma w/o H M Muthuraju; CRL.RP No. 604 of 2018; High Court of Karnataka at Bengaluru; Section 397 r/w 401 Code of Criminal Procedure; 438 BNSS; Criminal Appeal No.32/2015; C.C.No.640/2009; Principal District and Sessions Judge Ramanagara; Additional Civil Judge and J.M.F.C. Channapatna; settlement memo; disposal of revision petition; deposit of 50% fine amount Rs. 180,000; settlement Rs.1,80,000; release of deposited amount; prayer for acquittal in memo; V Srishananda J; oral order dated 13 March 2026.
What did the court decide?
Revision petition disposed of on the basis of the settlement memo; the Court recorded that withdrawal of the 50% deposited amount settles all liability of the petitioner. ¶28