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Gulshan Kumar vs State Bank Of India
2021 Latest Caselaw 4430 HP

Citation : 2021 Latest Caselaw 4430 HP
Judgement Date : 9 September, 2021

Himachal Pradesh High Court
Gulshan Kumar vs State Bank Of India on 9 September, 2021
Bench: Sandeep Sharma
      IN THE HIGH COURT OF HIMACHAL PRADESH AT SHIMLA

                  ON THE 9TH DAY OF SEPTEMBER, 2021

                                    BEFORE




                                                                   .
               HON'BLE MR. JUSTICE SANDEEP SHARMA





                    CRIMINAL REVISION NO. 517 OF 2019





    Between:-

    GULSHAN KUMAR
    S/O SH. RAM DASS SHARMA,
    R/O VILLAGE KHAROTA, PARGNA SUNHANI,





    TEHSIL JHANDUTTA, DISTRICT BILASPUR,
    H.P.
                                                               ... PETITIONER
    (BY MR. ASHWANI PATHAK,
    SENIOR ADVOCATE WITH

    MR. SANDEEP SHARMA, ADVOCATE)

    AND

    STATE BANK OF INDIA,
    BRANCH AT GHANDIR,


    TEHSIL JHANDUTTA, DISTRICT BILASPUR,
    H.P.
                                                             .. RESPONDENT




    (MR. ARVIND SHARMA, ADVOCATE)





    Whether approved for reporting:

    This petition coming on for orders this day, the court passed the following:





                                   ORDER

By way of instant criminal revision petition filed under S.397 CrPC,

challenge has been laid to judgment dated 19.12.2019 passed by learned

Additional Sessions Judge, Ghumarwin, District Bilaspur HP (camp at

Bilaspur), in Cr. Appeal No. 14/10 of 2018, confirming the judgment and

order of conviction dated 26.2.2008 passed by learned Judicial Magistrate

First Class, Court No.2, Ghumarwin, District Bilaspur, H.P., in complaint

No. 25-2 of 2013/12, whereby learned court below, while holding

petitioner-accused (hereinafter, 'accused') guilty of having committed

.

offence punishable under S.138 of the Negotiable Instruments Act,

convicted and sentenced him to undergo simple imprisonment for one

month and to pay compensation to the tune of Rs.9.00 Lakh to the

complainant.

2. Precisely, the facts of the case, as emerge from the record, are

that respondent /complainant (hereinafter, 'complainant'), instituted a

complaint under S. 138 of the Act alleging therein that accused applied for

loan to the complainant bank for purchasing truck and as such, loan to the

tune Rs.11.00 Lakh was sanctioned in favour of the accused, which he

was to repay in installments. Complainant alleged that since the accused

failed to pay monthly installments, he with a view to discharge his liability

issued Cheque bearing No. 0001306 dated 22.9.2012, amounting to Rs..

9,03.244/- drawn at Himachal Pradesh State Co-operative Bank Limited,

however, the fact remains that on presentation of cheque to bank

concerned, same was dishonoured on account of insufficient funds. Since

the accused despite issuance of legal notice, failed to make payment

within the time stipulated in the notice, complainant was compelled to

institute proceedings under S.138 of the Act. Learned court below on the

basis of pleadings and evidence led on record by respective parties, held

the accused guilty of having committed offence punishable under S.138 of

Act and convicted and sentenced him as per description given herein

above.

3. Being aggrieved and dissatisfied with the judgment and order of

conviction passed by learned trial court, accused preferred an appeal in

.

the court of learned Additional Sessions Judge Ghumarwin, District

Bilaspur, HP (camp at Bilaspur), which was dismissed on 19.12.2019. In

the aforesaid background petitioner has approached this court in the

present criminal revision, praying therein for his acquittal after setting

aside impugned judgments and order of conviction recorded by learned

courts below.

4. Vide order dated 30.12.2019 this court while suspending

substantive sentence imposed by learned court below directed, the

petitioner to deposit 50% of compensation amount and furnish personal

bonds in the sum of Rs.25,000 with one surety in the like amount. In

compliance to aforesaid order though petitioner furnished personal bonds

but failed to deposit compensation amount.

5. Today during proceedings of the case, learned senior counsel

for the petitioner, on instructions, states that during the pendency of

present petition, parties to lis have entered into compromise under One

Time Settlement Scheme, whereby petitioner has paid agreed amount as

is evident from the No Dues Certificate issued by complainant bank on

28.12.2020 annexed with CrMP No. 1679 of 2021. Learned senior

counsel further states that in view of aforesaid amicable settlement,

petitioner has filed CrMP No. 1679 of 2021, placing therein factum with

regard to compromise and receipt issued by respondent bank. He states

that since the matter stands compromised inter se parties, this court while

exercising power under S.147 of the Act, can proceed to compound the

offence.

6. Shri Arvind Sharma, learned counsel for the respondent bank

.

fairly acknowledges the factum with regard to compromise arrived inter se

parties and receipt dated 28.12.2020 issued by respondent bank, wherein

it has been stated that the loan account of Gulshan Kumar has been

closed under Rin Samadhan, 2021 and nothing remains to be recovered

from the above named person. He states that since the complainant Bank

has received its money, it has no objection, in case offence alleged to

have been committed by accused, is ordered to be compounded while

exercising power under S.147 of the Act.

7. Having heard learned counsel for the parties and perused

material available on record this court finds that since both the parties

have resolved to settle the dispute inter se them amicably, and

respondent bank has received its money, this court while exercising

power under S.147 of Act and taking note of the guidelines issued

in.guidelines laid down by Hon'ble Apex Court in Damodar S. Prabhu v.

Sayed Babalal H. (2010) 5 SCC 663, whereby it has been held that

court while exercising power under S.147 can proceed to compound

offence even in those cases, where accused stands convicted, sees no

difficulty in accepting the prayer for compounding of the offence made by

the accused.

8. In view of above, present revision is allowed. Judgments/order

of conviction and sentence passed by both the learned Courts below are

quashed and set aside and accused is acquitted of the charges framed

against him under S.138 of the Act. Bonds furnished by the accused are

discharged.

9. Petition stands disposed of in the afore terms, alongwith all

pending applications.

.

Copy dasti..


                                            (Sandeep Sharma)





                                                 Judge
      September 9, 2021
          (Vikrant)




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