While it is stated jointly by the learned advocates appearing for the applicant and the respondent no.2 that as per the settlement dated 11.12.2012, the parties have arrived at amicable compromise. The settlement is produced and taken on record. However, learned advocate for the applicant submits that 15% of the amount of the cheque, which is required to be paid to the Gujarat Legal Services Authority, in view of the decision of Supreme Court in Damodar S.Prabhu vs Sayed Babalal [(2010) 5 SCC 363], in connection with prayer for compounding the offence under section 138 of the Negotiable Instruments Act, 1882, has not been paid, and the applicant seeks time to arrange for the amount. For that purpose, he requests for time. Learned advocate for the respondent no.2 has no objection. Post the matter on 09.01.2013 as prayed for for further consideration and orders.
(N.V.ANJARIA, J.) sndevu Page 2 of 2