Conviction and sentence under Section 138 of the N.I Act are under challenge in this revision. Pending the proceedings, the parties settled the dispute amicably out of court and compounded the offence. The composition filed by them was accepted and permission was granted for composition under Section 320(6) Cr.P.C on Crl.M.A.No.3302/2014. Accordingly, the conviction and sentence against the revision petitioners under Section 138 of N.I Act in C.C.No.1244/2007 of the Judicial First Class Magistrate IV, Kochi are set aside, and the revision petitioners are released from prosecution on the benefit of acquittal under Section 320(8) Cr.P.C. The bail bond executed by the revision petitioners will stand discharged.
Sd/- P.UBAID JUDGE //True Copy// ab P.A to Judge