Sethuraman v. Krishnan Chettiar
Case brief
What is this about?
The High Court allowed two criminal revision petitions challenging convictions for cheque dishonour under Section 138 NI Act. Both matters had been compromised. The impugned judgments confirming conviction were set aside, the accused were acquitted, and bail bonds terminated.
What did the court decide?
Both criminal revision petitions allowed; impugned judgments set aside; petitioner/accused acquitted; bail bond terminated; fine refunded; miscellaneous petitions closed.