Allowed
M/S.City Men Forex& Travels v. M/S.My Forex Services Pvt. Ltd.
Madras HCCRL RC/1351/2014
Case brief
AI extract
What is this about?
The High Court allowed a criminal revision filed under Section 397 r/w 401 Cr.P.C. against convictions in cheque dishonour proceedings. The court set aside the impugned judgment upon the respondent filing a memo and enclosed letter stating the cheque amount was settled full and final via demand drafts, with no objection to setting aside the conviction and compounding the offence.
What did the court decide?
The Criminal Revision Case stood allowed; judgments of the Sessions Judge and Magistrate were set aside; the offence stood compounded; and related bail matters were closed.