This revision is preferred against two concurrent judgments of Courts below convicting petitioner for offence under Section 138 of the Negotiable Instruments Act sentencing him to 6 months S.I. and imposing fine of Rs.5,000/- i/d 15 days S.I.
2. Learned counsel for petitioner submitted that the matter stands compromised between the parties. Learned counsel further submitted that C.T.SELVAM, J kpr petitioner has handed over demand draft bearing No.335241 dated 04.02. 2017 in a sum of Rs.1,60,000/- to the respondent/complainant.
3. Learned counsel for respondent affirms the submissions of learned counsel for petitioner viz., that the dispute stands settled between de facto complainant and petitioner. In view of the Compromise Memo filed to compound the offence signed by parties as also the respective counsels, this Court is inclined to allow this petition. Accordingly, the Criminal Revision Case shall stand allowed. The offence under section 138 of the Negotiable Instrument Act shall stand compounded. Petitioner shall stand acquitted in the case. Compromise Memo dated 08.02.2017 filed to compound the offence shall form part of records. Connected miscellaneous petitions are closed. 08.02.2017 Internet:yes/no To
1.The Additional District and Sessions Judge, Erode
2.The Judicial Magistrate cum Fast Track I, Erode Crl.R.C.No.1653 of 2016 http://www.judis.nic.in