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Karam Singh vs Union Bank Of India & Anr
2024 Latest Caselaw 8777 HP

Citation : 2024 Latest Caselaw 8777 HP
Judgement Date : 3 July, 2024

Himachal Pradesh High Court

Karam Singh vs Union Bank Of India & Anr on 3 July, 2024

Author: Sandeep Sharma

Bench: Sandeep Sharma

IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA Criminal Revision No.267 of 2024 Date of Decision: 03.07.2024

.

_______________________________________________________

Karam Singh .......Petitioner Versus Union Bank of India & Anr. ... Respondent

_______________________________________________________ Coram:

Hon'ble Mr. Justice Sandeep Sharma, Judge. Whether approved for reporting? 1 For the Petitioner: Mr. Suneet Goel, Advocate.

For the Respondent: Mr. Sanjay Dalmia, Advocate, for respondent No.1.

Mr. Rajan Kahol, Mr. Vishal Panwar and Mr. B.C.Verma, Additional

Advocate Generals, for respondent

No.2/State.

Sandeep Sharma, Judge(oral):

Instant petition filed under Section 397 of the Code of

Criminal Procedure, lays challenge to judgment dated 23.05.2022

passed by learned Additional Sessions Judge, Sundernagar, District

Mandi, H.P in Cr. Appeal No. 53 of 2019, affirming the judgment of

conviction and order of sentence dated 5.03.2024 passed by learned

Judicial Magistrate, 1st Class, Court No. II, Sundernagar, District

Mandi, H.P., in Criminal complaint No.268-I-2017/241-I/2017,

whereby learned trial Court, while holding the 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 a period of

Whether the reporters of the local papers may be allowed to see the judgment?

four months and pay compensation to the tune of Rs.3,40,000/- to

respondent No.1 -complainant (hereinafter, 'complainant').

.

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

record are that the respondent instituted a complaint under Section

138 of the Negotiable Instruments Act (for short Act) in the

competent Court of law, alleging therein that cheque bearing

No.678023, dated 7.6.2017, amounting to Rs.3,40,000/- drawn on

Punjab and Sindh Bank, Branch Office Bhojpur, District Mandi, H.P,,

having been issued by the petitioner-accused towards discharge of

his lawful liability was dishonoured on account of insufficient funds in

the bank account of the accused. Since, despite having received legal

notice, accused failed to make the payment good well within

stipulated time, complainant was compelled to initiate proceedings

under Section 138 of the Act in the competent Court of law.

3. Learned trial court on the basis of evidence adduced on

record by the respective parties, held the accused guilty of having

committed offence punishable under S. 138 of Act and accordinigly

convicted and sentenced him as per description given herein above.

4. Though, being aggrieved and dissatisfied with aforesaid

judgment of conviction and order of sentence passed by learned trial

Court, accused preferred an appeal in the court of learned Additional

Sessions Judge, Sundernagar, District Mandi, H.P., but same was

dismissed. In the aforesaid background, accused has approached this

court in the instant proceedings, praying therein for his acquittal after

.

setting aside judgments of conviction and order of sentence passed

by both the learned Courts below.

5. On 2.5.2024, this Court having taken note of the

statement made by learned counsel for the petitioner that entire

amount of compensation stands deposited with the respondent-Bank

under "One Time Settlement", suspended the substantive sentence

imposed upon the accused by learned trial Court, subject to his

furnishing bail bonds in the sum of Rs. 25,000/-, with one surety of the

like amount to the satisfaction of learned trial Court. On account of

the compromise, petitioner filed an application under Section 147 of

the Act, praying therein for compounding the offence.

6. Today, during the proceedings of the case, learned

counsel representing the petitioner states that under "One Time

Settlement", entire amount of the compensation has been repaid to

the respondent-bank and as such, this Court, while exercising power

under Section 147 of the Act, may proceed to compound the offence.

7. Mr. Sanjay Dalmia, learned counsel representing

respondent No.1-bank, while fairly acknowledging factum with regard

to compromise arrived interse parties, states that since entire

compensation amount has been received by the respondent-bank

under "One Time Settlement", this Court may allow the prayer made

on behalf of the petitioner for compounding of the offence.

.

8. Having taken note of the fact that the parties have

compromised the matter and amount has been received by the

respondent-bank, this Court sees no impediment in accepting the

prayer made on behalf of petitioner-accused for compounding the

offence, while exercising power under section 147 of the Negotiable

Instruments Act . Hon'ble Apex Court in Damodar S. Prabhu v. Sayed

Babalal H.(2015)5 SCC 663, has categorically held that Court, while

exercising power under Section 147 of the Act, can proceed to

compound the offence even after recording of conviction by the courts

below.

9. Consequently, in view of above, prayer made on behalf

of the accused is allowed and offence committed by him under S.138

of the Act is ordered to be compounded. Judgments of conviction and

order of sentence passed by learned courts below are quashed and

set aside. Accused is acquitted of the offence under S.138 of the Act.

10. In the aforesaid terms, instant petition is disposed of,

alongwith all pending applications. Bail bonds, if any, furnished by the

accused are discharged.

(Sandeep Sharma), Judge July 03,2024 (shankar)

 
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