Chandrakanth Shivani v. M/S Mahindra Rural Housing Finance Limited
Case brief
What is this about?
High Court of Karnataka, Bengaluru; CRL.RP No. 740 of 2019; decided 09-01-2026 by Justice S Vishwajith Shetty (single judge). Chandrakanth Shivani (petitioner/accused) v. M/s Mahindra Rural Housing Finance Limited (respondent, absent; amicus curiae Archana.K.M.). Keywords: Section 138 NI Act; cheque offence; conviction set aside on settlement of loan; discharge certificate dated 25.08.2022; loan cleared 18.03.2019; no due certificate; acquittal after full payment; criminal revision S.397 r/w S.401 Cr.PC (S.438 BNSS); amicus curiae fee Rs.10,000/-. Outcome: revision allowed; trial conviction (C.C.No.619/2017, 27.03.2018) and appellate confirmation (Crl.A.No.750/2017, 12.04.2019) set aside; accused acquitted under S.138 NI Act.
What did the court decide?
Petitioner acquitted of the offence punishable under Section 138 of the N.I.Act; judgment and order dated 27.03.2018 in C.C.No.619/2017 (XLII Additional Chief Metropoliton Magistrate, Bengaluru) and the confirming judgment and order dated 12.04.2019 in Crl.A.No.750/2017 (LXV Additional City Civil and Sessions Judge, Bengaluru) set aside; services of the amicus curiae placed on record with fee fixed at Rs.10,000/-.