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Vishnuprasad Purushottam Rajyaguru vs Manager - State Bank Of India
2026 Latest Caselaw 2116 Guj

Citation : 2026 Latest Caselaw 2116 Guj
Judgement Date : 9 April, 2026

[Cites 8, Cited by 0]

Gujarat High Court

Vishnuprasad Purushottam Rajyaguru vs Manager - State Bank Of India on 9 April, 2026

                                                                                                                NEUTRAL CITATION




                           R/CR.RA/477/2016                                    JUDGMENT DATED: 09/04/2026

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                        IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
                           R/CRIMINAL REVISION APPLICATION (AGAINST CONVICTION -
                                 NEGOTIABLE INSTRUMENT ACT) NO. 477 of 2016

                       FOR APPROVAL AND SIGNATURE:
                       HONOURABLE MR. JUSTICE HASMUKH D. SUTHAR
                       ==========================================================
                               Approved for Reporting          Yes        No
                                                                           √
                       ==========================================================
                                   VISHNUPRASAD PURUSHOTTAM RAJYAGURU
                                                     Versus
                                     MANAGER - STATE BANK OF INDIA & ANR.
                       ==========================================================
                       Appearance:
                       MR SHAKEEL A QURESHI(1077) for the Applicant(s) No. 1
                       MS DHARMISHTA RAVAL(707) for the Respondent(s) No. 1
                       MS SHRUTI PATHAK, APP for the Respondent(s) No. 2
                       ==========================================================
                         CORAM:HONOURABLE MR. JUSTICE HASMUKH D. SUTHAR

                                                           Date : 09/04/2026
                                                            JUDGMENT

[1.0] By way of the present revision application filed under Sections 397 and 401 of the Code of Criminal Procedure, the applicant - accused has sought quashing and setting aside of the judgment and order dated 24.09.2015 passed by the learned 4th Additional Senior Civil Judge & Chief Judicial Magistrate, Special Negotiable Court, Junagadh as well as the judgment and order dated 20.06.2016 passed in Criminal Appeal No.96/2015 by the learned 2 nd Additional Sessions Judge, Junagadh, whereby the applicant - accused is convicted for the offence under Section 138 of the Negotiable Instruments Act, 1881 (for short "NI Act") and directed to undergo simple imprisonment for eight months alongwith compensation of Rs.5,00,000/- within a period of one month and in default of payment of compensation, to undergo further simple imprisonment for four months.

NEUTRAL CITATION

R/CR.RA/477/2016 JUDGMENT DATED: 09/04/2026

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[2.0] Having heard the learned Advocates appearing for the respective parties and perusing the record, it appears that the learned trial Court convicted the applicant - accused for the offence under Section 138 of the NI Act and ordered him to undergo simple imprisonment for eight months alongwith compensation of Rs.5,00,000/- within a period of one month and in default of payment of compensation, to undergo further simple imprisonment for four months. Against the said conviction and sentence, the applicant filed criminal appeal which also came to be dismissed and hence, there are concurrent findings of facts of both the Courts below.

[3.0] Today, when the matter is called out, learned advocate for the applicant has tendered copy of No Dues Certificate dated 20.06.2022 issued by respondent No.1 - State Bank of India which is taken on record. Perusing the said No Dues Certificate, it appears that the applicant - accused has repaid the entire loan amount.

[4.0] In view of above, once the amount being deposited by the accused and the offence under Section 138 of the NI Act is quasi criminal in character and is compoundable and punishment under the NI Act is not a means of seeking retribution but is more a means to ensure payment of money and to promote credibility of cheques as a trustworthy substitute for cash payment and in absence of any perversity and no ground is found to upset the concurrent findings of both the Courts below and it is not open for Revisional Court to re- analyse and re-interpret the evidence in revisional jurisdiction. Hence, considering the power under Section 401(3) of the CrPC, no case is made out to interfere with the reasons assigned by both the Courts below.

[5.0] At the same time, this Court has taken into consideration the

NEUTRAL CITATION

R/CR.RA/477/2016 JUDGMENT DATED: 09/04/2026

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object of the NI Act as the accused has already made the payment/deposited the impugned amount and hence, in view of the judgment of the Hon'ble Supreme Court in the case of Sanjabij Tari Vs Kishore S. Borcar, Neutral Citation 2025 INSC 1158, maintaining the conviction this Court is inclined to extend the benefit under the Probation of Offenders Act, 1958, to the applicant-accused.

[6.0] Accordingly, the applicant - accused is directed to be released on probation of good conduct under Section 4 of the Probation of Offenders Act, upon execution of probation bond in sum of Rs.20,000/-, with one surety of like amount for a period of one (1) year.

[7.0] It is hereby further directed that the applicant - accused shall receive the sentence as and when called upon till the said period and the applicant shall maintain peace during above mentioned period of two (2) years.

[8.0] The above mentioned bond under Section 4 of the Probation of Offenders Act, be submitted before the learned trial Court within 15 days of passing of this judgment.

[9.0] Accordingly, present revision application is disposed of. Record and proceedings, if any, be sent back to the concerned Court forthwith.

Sd/-

(HASMUKH D. SUTHAR, J.) Ajay

 
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