R.M.Venugopal v. M/S.R.N.Textiles
Case brief
What is this about?
Keywords: Section 138 Negotiable Instruments Act conviction; Section 147 NI Act compounding of cheque dishonour offence; criminal revision allowed on compromise; Joint Memo of Compromise dated 16.02.2026; acquittal after settlement; demand draft payments totalling Rs.5,27,000/-; refund of suspension-of-sentence deposits with accrued interest; C.C.Nos.355 & 356 of 2017; Crl.A.Nos.124 & 125 of 2019; CRL RC Nos.291 & 1137 of 2021; IV Additional District and Sessions Judge, Coimbatore; Judicial Magistrate ML (Fast Track Court II), Coimbatore; High Court of Judicature at Madras; Justice M. Nirmal Kumar; order dated 23-02-2026.
What did the court decide?
Both Criminal Revision Cases allowed in terms of the Joint Memo of Compromise dated 16.02.2026: offence under Section 138 of the Negotiable Instruments Act in C.C.Nos.355 & 356 of 2017 compounded; conviction and sentence set aside; revision petitioners acquitted; trial Court directed to return suspension-period deposits with accrued interest.