Wednesday, 22, Apr, 2026
 
 
 
Expand O P Jindal Global University
 
  
  
 
 
 

Date Of Decision: 04.09.2024 vs H.P. State Cooperative Bank Limited And ...
2024 Latest Caselaw 13036 HP

Citation : 2024 Latest Caselaw 13036 HP
Judgement Date : 4 September, 2024

Himachal Pradesh High Court

Date Of Decision: 04.09.2024 vs H.P. State Cooperative Bank Limited And ... on 4 September, 2024

Author: Sandeep Sharma

Bench: Sandeep Sharma

                                                                                    2024:HHC:7907




        IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA
                                                Cr. Revision No.565 of 2024
                                                Date of Decision: 04.09.2024
    __________________________________________________________________________




                                                                  .
    Poonam Chandrika





                                                                         .........Petitioner
                                        Versus
    H.P. State Cooperative Bank Limited and Another
                                                                      .......Respondents





    Coram
    Hon'ble Mr. Justice Sandeep Sharma, Judge.
    Whether approved for reporting?





    For the Petitioner:       Mr. Ashish Verma, Advocate.
    For the Respondents: Mr. Abhishek Nagta, Advocate, vice Mr. Parmod
                       r Singh Thakur, Advocate, for respondent No.1.

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

                              Verma,   Additional    Advocates  General,  for
                              respondent No.2/State.
    _________________________________________________________________________________
    Sandeep Sharma, J. (Oral)

Instant criminal revision petition filed under Section 438 of

BNSS, 2023, lays challenge to judgment dated 12.07.2024, passed by the

learned Sessions Judge, Shimla, Himachal Pradesh, in Criminal Appeal

No.29-S/10 of 2024, titled Poonam Chandrika Vs. H.P. State Co-operative

Bank Limited, affirming judgment of conviction and order of sentence dated

23.01.2024/26.02.2024, passed by the learned Judicial Magistrate First

Class, Court No.8, Shimla, District Shimla, Himachal Pradesh, in CIS

No.357 of 2022, whereby the learned trial Court while holding the

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

2024:HHC:7907

offence punishable under Section 138 of the Negotiable Instruments Act (in

short the "Act"), convicted and sentenced him to undergo simple

.

imprisonment for a period of six months and pay compensation to the tune

of Rs.4,00,000/- 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 Section 138 of the Act, in the Court of learned Judicial

Magistrate First Class, Court No.8, Shimla, District Shimla, Himachal

Pradesh, alleging therein that accused with a view to discharge his liability

issued Cheque for a sum of Rs.3,00,000/-, but fact remains that aforesaid

Cheque on its presentation, was dishonoured. Since petitioner-accused

failed to make the payment good within the time stipulated in the legal

notice, respondent/complainant was compelled to initiate proceedings

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

3. Learned trial Court on the basis of material adduced on record

by the respective parties, vide judgment/order dated

23.01.2024/26.02.2024, held the petitioner-accused guilty of having

committed offence under Section 138 of the Act and accordingly, convicted

and sentenced him, as per the description given hereinabove.

4. Being aggrieved and dissatisfied with the aforesaid judgment of

conviction recorded by the Court below, accused preferred an appeal in the

2024:HHC:7907

Court of learned Sessions Judge, Shimla, Himachal Pradesh, which also

came to be dismissed vide judgment dated 12.07.2024, as a consequence of

.

which, judgment of conviction recorded by the learned trial Court came to

be upheld. In the aforesaid background, present petitioner-accused has

approached this Court by way of instant proceedings, seeking therein his

acquittal after setting aside the judgments of conviction recorded by the

Courts below.

5. Before case at hand could be heard and decided on its own

merits, parties have entered into compromise, whereby petitioner/accused

has agreed to pay the amount in question to the respondent/complainant.

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

representing the petitioner/accused apprised this Court that case of the

petitioner has been considered by the respondent/Bank under One Time

Settlement Scheme, which fact has been duly acknowledged by learned

counsel representing the respondent/complainant. Learned counsel

representing the petitioner/accused states that since petitioner has paid

the amount in question to the respondent/complainant under One time

Settlement Scheme, this Court while exercising power under Section 147 of

the Act may proceed to compound the offence.

7. Mr. Abhishek Nagta, Advocate, while putting in appearance on

behalf of respondent/Bank fairly acknowledges factum of compromise

2024:HHC:7907

arrived inter se parties. He states that since respondent/complainant has

received amount in question under One Time Settlement Scheme, he has

.

no objection in compounding the offence.

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

the matter, whereby petitioner/accused has paid amount in question under

One Time Settlement Scheme, coupled with the fact that

respondent/complainant has no objection in compounding the offence, this

Court sees no impediment in accepting the prayer made on behalf of the

petitioner for compounding of offence, while exercising power under Section

147 of the Act as well as in terms of guidelines issued by the Hon'ble Apex

Court in Damodar S. Prabhu V. Sayed Babalal H. (2010) 5 SCC 663,

wherein it has been categorically held that Court, while exercising power

under Section 147 of the Act, can proceed to compound the offence even

after recording of conviction.

9. Consequently, in view of the above, present matter is ordered to

be compounded and impugned judgments of conviction and sentence dated

12.07.2024 and 23.01.2024/26.02.2024, passed by the Courts below are

quashed and set aside and the petitioner-accused is acquitted of the charge

framed against him under Section 138 of the Act. Interim order, if any, is

vacated. Bail bonds, if any, are discharged. Accordingly, the petition is

disposed of along with pending applications, if any.

2024:HHC:7907

10. Since respondent/complainant was compelled to engage in

unwarranted litigation with the petitioner/accused for realization of his

.

own money, petitioner-accused is directed to deposit 2% of the Cheque

amount with the H.P. State Legal Service Authority as compounding fee,

within a period of four weeks, failing which, petitioner/accused shall render

himself for penal consequences as well as Contempt of Court.

(Sandeep Sharma), Judge September 04, 2024 (Rajeev Raturi)

 
Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : IDRC

 
 
Latestlaws Newsletter