Rajiv G.Nair v. Lanzy
Case brief
What is this about?
The revision petition against conviction and sentence under Section 138 NI Act was allowed as the offence was compounded by the first respondent. The compromise verified before the bank requested for quashing of the judgment. The High Court set aside the conviction and sentence accordingly.
What did the court decide?
Conviction and sentence set aside. Compounding accepted. Bail bond cancelled.