I.Sheshagiri Rao, Hyderabad and Anr., v. Dr. K.Lahiri, Secunderabad and Anr, Rep Pp.
Case brief
What is this about?
The High Court allowed the criminal revision petition filed by accused persons challenging a conviction under Section 138 of the NI Act. Following a compromise between the parties after conviction, the vintage judgment was set aside and the accused were acquitted, subject to the payment of court costs.
What did the court decide?
The criminal revision was allowed in terms of the compromise; the judgments in Crl.A.No. 973 of 2015 and C.C.No. 298 of 2012 were set aside; the accused were acquitted; and a sum of Rs. 5,000 was dire