Aaditya Energy v. T.Baladandayutham
Case brief
What is this about?
The Criminal Appeal was allowed after the parties settled their differences. The appellant agreed to accept a cash payment of Rs.5 lakhs with a commitment to pay Rs.20 lakhs in installments and withdraw a related civil suit. The lower court's conviction and sentencing order have been quashed, and the respondent was sentenced to one year simple imprisonment if the settlement terms are breached.
What did the court decide?
Conviction and sentence set aside; appeal allowed; respondent to pay Rs.20 lakhs in installments subject to one-year simple imprisonment for breach.