M/s. Sri Sai Amrutha Pharma Pvt. Ltd. and 2 Others v. The State of Telangana and another
Case brief
What is this about?
In a revision under Sections 397 and 401 Cr.P.C regarding offences under Section 138 NI Act, the High Court allowed the petition and acquitted the petitioners after recording that they had settled the dispute via Lok Adalat during pendency.
What did the court decide?
Judgements dated 28.9.2018 and 07.1.2020 set aside; petitioners acquitted; accused permitted to withdraw deposited amount; pending petitions closed.