The petitioner herein is the accused in S.T.C.No.8 of 2015 on the file of the Judicial Magistrate Court, Fast Track Court No.I, Erode. He stood charged for the offence under Section 138 of the Negotiable Instruments Act. The trial Court, by judgment dated 12.10.2015, convicted the petitioner for the offence under Section 138 of the Negotiable Instruments Act and sentenced him to undergo simple imprisonment for six months and to pay a fine of Rs.5,000/-, in default, to undergo simple imprisonmnet for a period of 15 days.
2. Challenging the conviction and sentence, the petitioner/accused had preferred an Appeal in Crl.A.No.147 of 2015 on the file of the I Additional District and Sessions Court, Erode and the lower appellate Court confirmed the conviction and sentence and dismissed the appeal by Judgment dated 08.12.2016. Now challenging the same, the present revision has been filed.
3. Today, when the matter is taken up for hearing, both the parties appeared and have filed a memo to compound the offence on the ground that the petitioner and the respondent entered into an agreement. Pursuant to the same, the respondent / complainant received a sum of Rs.3,50,000/-(Rupees Three lakh and fifty thousand) by way of cash and they have settled the dispute between themselves and the respondent/complainant is not willing to proceed with this case further.
4. When this Court enquired the respondent/complainant, he has stated that he has received a sum of Rs.3,50,000/- and he is not willing to proceed with the case.
5. Taking into consideration the fact that the parties have settled the dispute between themselves and as the offence is also compoundable, the conviction and sentence imposed by the trial court are liable to be setaside and the offence to be compounded.
6. In the above circumstances, the conviction and sentence imposed on the petitioner by the Courts below are set aside and the offence under Section 138 Negotiable Instruments Act is compounded.
7. With the above observations, the Criminal Revision Case is disposed of. Consequently, connected miscellaneous petitions are closed.
21.06.2017 mrp/ aav Note : Issue order copy on 23.06.2017 Index : yes/no Internet : yes/no Speaking order/non-speaking order To
1) The First Additional District and Sessions Judge, Erode
2) The Judicial Magistrate Fast Track Court No.I, Erode.
3 . The Public Prosecutor, High Court, Chennai.
V. BHARATHIDASAN, J.
Mrp/aav Crl.R.C.No.148 of 2017 21.06.2017 http://www.judis.nic.in