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M/S. Kohinoor Industries And Anr vs A To Z Steelloys Pvt Ltd (Through Its ...
2024 Latest Caselaw 894 Bom

Citation : 2024 Latest Caselaw 894 Bom
Judgement Date : 15 January, 2024

Bombay High Court

M/S. Kohinoor Industries And Anr vs A To Z Steelloys Pvt Ltd (Through Its ... on 15 January, 2024

Author: Prakash D. Naik

Bench: Prakash D. Naik

                                                                            10-APL-38-2024.doc




              IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                    CRIMINAL APPELLATE JURISDICTION

                    CRIMINAL APPLICATION NO. 38 OF 2024

 M/s. Kohinoor Industries And Anr                          ... Applicants

           Versus

 M/s. A To Z Steelloys Pvt. Ltd.
 (Through Its Manager Mr. Vijay
 Dayhyabhai Darji) And Anr.                                ...Respondents

                                              ....
 Mr. Ashwin Thool a/w Mr. Sarthak B., Mr. Himanshu Patil i/by Mr. Ravi
 Jadhav, Advocate for the Applicants.
 Mr. Y. Y. Dabake, APP for the Respondent No.2 - State.

                                              ....
                           CORAM        :      PRAKASH D. NAIK, J.
                           DATE         :        15th JANUARY, 2024.

 P.C.:

 1.        Leave to amend the prayer clauses.                  Amendment may be

 carried out forthwith.

2. The applicant No.2 is the sole proprietor of applicant No.1.

The Applicants are convicted for offence under Section 138 of the

Negotiable Instrument Act vide Judgment and order dated

7th December, 2022 passed by the learned Metropolitan Magistrate

14th Court at Girgaon, Mumbai and sentenced to suffer

imprisonment for three months and to pay amount of

Sajakali Jamadar 1 of 3

10-APL-38-2024.doc

Rs.1,00,77,722/- (Rupees One Crore Seventy Seven Thousand and

Seven Hundred Twenty two Only). The applicants had challenged

the Judgment of conviction before the Sessions Court by preferring

an appeal. Vide order dated 4th May 2023, the learned Additional

Sessions Judge suspended the sentence imposed by the trial Court,

subject to condition that the applicants shall deposit 40% amount

of compensation imposed by the trial Court within a period of 60

days before the same Court. The applicants thereafter preferred an

application for modification of the order dated 4th May 2023. The

said application was rejected on 3rd August, 2023.

3. The learned counsel for the applicants submits that the trial

Court has directed the applicants to deposit 40% amount of the

compensation. The discretion is arbitrary. The applicants are

willing to deposit 20% amount of the compensation imposed by the

trial Court. The applicant No.2 is a lady. The sentence is already

suspended by the Appellate Court.

4. Issue notice to Respondent No.1, returnable on 12 th February,

2024.

5. In the meantime the operation of the order dated 4 th may

2023 to the extent of payment of 40% compensation amount is

stayed till the next date of hearing.

 Sajakali Jamadar                      2 of 3





                                                              10-APL-38-2024.doc




6. No coercive steps in the nature of arrest on account of

conviction be initiated against the applicant till next date of

hearing.

7. Without prejudice to the contention of the Respondents,

presently the applicants are permitted to deposit 20% amount of

compensation in the Sessions Court before 12th February, 2024.





                                            (PRAKASH D. NAIK, J.)




 Sajakali Jamadar                 3 of 3





 

 
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