P. Krishnamoorthy @P.K.Moorthy v. P.K. Palanichamy
Case brief
What is this about?
The Madurai Bench of the Madras High Court allowed a criminal revision petition and acquitted the appellant of the charge under Section 138 of the Negotiable Instruments Act, noting that the dispute had been amicably settled with a mutual compromise received by the respondent.
What did the court decide?
The accused is acquitted of the charge under Section 138 of the Negotiable Instruments Act. The compromise memo shall form part of the order.