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M/S Subramanya Enterprises vs M/S Sri Daushmesh Distributors
2021 Latest Caselaw 5495 Kant

Citation : 2021 Latest Caselaw 5495 Kant
Judgement Date : 4 December, 2021

Karnataka High Court
M/S Subramanya Enterprises vs M/S Sri Daushmesh Distributors on 4 December, 2021
Bench: V Srishananda
                        1

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

   DATED THIS THE 4TH DAY OF DECEMBER, 2021

                     BEFORE

    THE HON'BLE MR. JUSTICE V. SRISHANANDA

 CRIMINAL REVISION PETITION NO.1071/2021

BETWEEN:

M/S.SUBRAMANYA ENTERPRISES,
REPRESENTED BY ITS PROPRIETOR,
K.N.B.SHARMA,
AGED ABOUT 71 YEARS,
R/AT NO.751, 37TH 'F' CROSS,
JAYANAGAR, 4TH 'T' BLOCK,
BENGALURU - 560 041.
                                    ... PETITIONER
(BY SRI.R.V.SHIVANANDA REDDY, ADVOCATE)

AND:

M/S. SRI.DAUSHMESH DISTRIBUTORS,
BY ITS PROPRIETOR,
SRI.LOHITH SINGH,
S/O AMAR SINGH G.,
AGED ABOUT 41 YEARS,
NO.11, KRISHNAPPA BUILDING,
OFF: KANAKAPURA ROAD,
CHUNCHAGHATTA MAIN ROAD,
BENGALURU - 560 06.
                                      ...RESPONDENT
(BY SRI.JAGADISH B.M., ADVOCATE FOR
    SRI.B.C.VENKATESH, ADVOCATE)
                         2

      THIS CRIMINAL REVISION PETITION IS FILED
UNDER     SECTION 397   READ WITH 401 OF CR.P.C.
PRAYING TO SET ASIDE THE JUDGMENT AND ORDER
DATED    27.06.2018  OF   CONVICTING   PASSED   IN
C.C.NO.8194/2016, ON THE FILE OF THE II A.C.J.M.,
BENGALURU RURAL DISTRICT AND ORDER DATED
12.02.2021 AND CRL.A.NO.67/2018 ON THE FILE OF THE
VIII ADDL. DISTRICT AND SESSIONS JUDGE, BENGALURU
RURAL DISTRICT, BENGALURU AND ACQUIT THE
RESPONDENT FOR THE OFFENCE P/U/S 138 OF THE N.I.
ACT.

     THIS CRIMINAL REVISION PETITION COMING ON
FOR ADMISSION THIS DAY, THE COURT MADE THE
FOLLOWING:-

                      ORDER

Parties present with their respective counsels

along with the Joint Memo. Joint Memo reads as

under:

"1. The top noted case is filed by the petitioner being aggrieved by the judgment and order of conviction dated 27.06.2018 in C.C.No.8194/2016 on the file of the II Addl. Chief Metropolitan Magistrate Bengaluru Rural District at Bengaluru and orders passed by VIII Addl. District and Sessions Judge in Crl.Appeal No.67/2018 dated 12.02.2021. The above matter was posted on 18.10.2021 before this Hon'ble Court for admission and allowed the I.A. and issued the notice to the respondent thereafter the parties are compromised in the above matter in the

intervention, friends, elders, well-wishers of their families.

2., The respondent have filed the complaint before the learned II Addl. Chief Judicial Magistrate Bengaluru Rural District at Bengaluru for the offence punishable under Section 138 of N.I. Act. The cheque amount is Rs.21,54,000/-. The Trial Court has convicted the petitioner and imposed the fine sum of Rs.21,64,000/- out of that Rs.21,54,000/- shall be paid as a compensation to the complainant/respondent. Remaining Rs.10,000/- shall defrayed as a State expenses.

3. The petitioner and the respondent have settled the dispute amicably for a sum of Rs.13,00,000/- full and final settlement, the petitioner is agreed to pay the settlement amount and also the respondent/complainant is agreed to receive the same as below mentioned instalments-

(i) 10-01-2022 for a sum of Rs.3,00,000/-

(ii)10.02.2022 for a sum of Rs.3,00,000/-

(iii) 10.03.2022 for a sum of Rs.7,00,000/-

2. The Contents of joint memo is read over

and explained to the parties and parties admitted the

contents of joint memo and it depicts the true terms

of settlement. Hence, there is no impediment for this

Court to accept the joint memo and dispose of the

criminal revision petition in terms of joint memo.

Hence, the following:

ORDER

i. The criminal revision petition is disposed of in terms of joint memo.

ii. It is made clear that after payment of the last installment in a sum of Rs.7,00,000/- on 10.03.2022 as agreed, the accused stands acquitted.

iii. Amount in deposit if any is ordered to be withdrawn by the respondent.

iv. If the Revision Petitioner fails to make the payment as agreed, the order of the Trial Court automatically restored.

Sd/-

JUDGE SSD

 
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