Bhawani Singh Kachhawa v. M/S Avtar Finance and Anr.
Case brief
What is this about?
The High Court allowed a revision petition in a Section 38 NI Act case. Noting that the parties had amicably settled the dispute and the complainant had no objection to compounding the offence, the court set aside impugned orders, compounded the offence, and directed the release of deposited amounts to the complainant after retaining court costs.
What did the court decide?
Offence compounded; impugned orders set aside; Rs.2850/- retained as costs; balance Rs.27,150/- returned to complainant.