R.Madhiyalagan v. P.Udayasundar
Case brief
What is this about?
The High Court allowed a criminal revision filed under Sections 397 and 401 CrPC against convictions under Section 138 NI Act. Since the matter was settled, the Court recorded compounding under Section 147 NI Act, acquitted the petitioner, refunded the fine, and permitted the withdrawal of recovered funds by the complainant.
What did the court decide?
Petitioner acquitted; offence compounded under Section 147 NI Act; fine refunded; respondent permitted to withdraw Rs.1,00,000/-.