In the result, the revision petition is allowed in part. The conviction of the revision petitioner under sec.138 of the Negotiable Instruments Act is confirmed. The sentence is modified to the effect hat he is sentenced to undergo imprisonment till the rising of court and to pay a fine of Rs.30,000/-, in default to undergo simple imprisonment for two months. The entire fine amount, if realised, shall be paid as compensation to the complainant/PW.1 as provided under sec.357(1) of Cr.P.C. His bail bonds are cancelled. Counsel for the revision petitioner submits that the revision petitioner has already deposited Rs.27,000/- before the trial court towards the fine amount. This amount shall be adjusted towards the fine imposed. Two months time is granted for payment of the balance amount. The accused/revision petitioner shall surrender before the trial court on or before 30.1.2010 to receive the sentence.