Shri Balaji Cement Agency v. M/S Suraj Sales
Case brief
What is this about?
The High Court of Rajasthan allowed the criminal revision petition and quashed the judgment of conviction and sentence under Section 138 of the Negotiable Instruments Act. The offence was compounded based on an amicable settlement between the parties, complying with Supreme Court guidelines. The petitioner was acquitted and ordered released.
What did the court decide?
The original compromise taken on record; revision petition allowed; judgments below quashed and set aside; offence compounded; petitioner acquitted and ordered released forthwith.