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Vishwanath Raikar vs Ganeshmal M Oswal
2021 Latest Caselaw 6877 Kant

Citation : 2021 Latest Caselaw 6877 Kant
Judgement Date : 20 December, 2021

Karnataka High Court
Vishwanath Raikar vs Ganeshmal M Oswal on 20 December, 2021
Bench: V Srishananda
IN THE HIGH COURT OF KARNATAKA AT BENGALURU

       DATED THIS THE 20th DAY OF DECEMBER, 2021

                         BEFORE

        THE HON'BLE MR. JUSTICE V. SRISHANANDA

        CRIMINAL REVISION PETITION NO.801/2013

BETWEEN

VISHWANATH RAIKAR
S/O RAMANATH RAIKAR
AGED ABOUT 39 YEARS
MERCHANTS, KAMAKSHI JEWELLERS
R/O B.T. GALLI
DAVANAGERE-577 002
                                           ...PETITIONER
(BY SRI A N RADHAKRISHNA, ADVOCATE)

AND

GANESHMAL M OSWAL
S/O MOTHILAL OSWAL
AGED ABOUT 60 YEARS
MERCHANTS
R/O M.G. ROAD
DAVANAGERE-577 002
                                          ...RESPONDENT
(BY SRI SANJAY KUMAR M. JAIN, ADVOCATE-absent)

      THIS CRIMINAL REVISION PETITION IS FILED UNDER
SECTION 397 AND 401 OF CR.P.C. PRAYING TO SET ASIDE THE
JUDGMENT OF CONVICTION AND SENTENCE DATED 14.12.2011
PASSED BY THE JMFC, 2ND COURT, DAVANAGERE IN
C.C.NO.127/2009 AND CONFIRM ORDER DATED 18.09.2013
PASSED BY THE II ADDITIONAL S.J., DAVANAGERE IN
CRL.A.NO.171/2011.
                                      2


     THIS CRIMINAL REVISION PETITION COMING ON FOR
FURTHER HEARING THROUGH PHYSICAL HEARING/VIDEO
CONFERENCING THIS DAY, THE COURT MADE THE FOLLOWING:

                               ORDER

Heard Sri A N Radhakrishna, learned counsel

appearing for the revision petitioner, who is present in

Court and perused the records.

Sri Sanjay Kumar M Jain, learned counsel for the

respondent is absent.

2. This petition is filed by the revision petitioner-

accused who has suffered an order of conviction for the

offence punishable under Section 138 of the Negotiable

Instruments Act, 1881 (for short 'N.I. Act'), in CC

No.127/2009 and was directed to pay a compensation of

Rs.3,00,000/- as against the cheque amount of

Rs.1,98,000/- and the entire amount of Rs.3,00,000/- was

ordered to be paid as compensation to the complainant

before the learned Trial Magistrate, which was confirmed

by the learned First Appellate Judge in Crl.A.No.171/2011,

vide order dated 18.09.2013.

3. After hearing the arguments of learned counsel

appearing for the revision petitioner for some time, the

revision petitioner has filed a memo and the same reads as

under:

"Memo The petitioner submits that out of Rs.3,00,000/- fine amount, a sum of Rs.1,50,000/- is deposited before the trial Court. The petitioner humbly submits that remaining amount is Rs.1,50,000/-. It is submitted that the petitioner undertakes to pay a sum of Rs.1,00,000/- i.e. including the amount in deposit of Rs.1,50,000/- in all Rs.2,50,000/- to the complainant/respondent. The petitioner request this Hon'ble Court to grant four installments i.e. Rs.25,000/- each in Four installments commencing from January 31.01.2022 to April, 2022.

With the aforesaid terms, the petition may kindly be disposed off and permit him to deposit Rs.1,00,000/- (in four) installments, commencing from January 31.01.2022 till April, 2022."

4. In the case on hand, since the cheque is of the year

1998 and already Rs.1,50,000/- has been deposited by the

revision petitioner, this Court is of the considered opinion

that the ends of justice would be met, if the amount of

Rs.3,00,000/- is reduced to Rs.2,50,000/-, which has to be

paid on or before April, 2022, as per the terms of the

memo. Accordingly, the following;

Order

i) The Criminal Revision Petition is disposed of in

terms of the Joint Memo.

ii) While maintaining the order of conviction of

the revision petitioner for the offence

punishable under Section 138 of the N.I. Act,

the compensation amount of Rs.3,00,000/-

ordered by the learned Trial Magistrate and

confirmed by the learned First Appellate Judge

is reduced to Rs.2,50,000/- and the balance

amount of Rs.1,00,000/- shall be paid on or

before April, 2022 as per the terms of the

Memo dated 20.12.2021.

iii) On payment of the said amount, the accused

stands acquitted. However, if there is any

violation in making the payment, the order of

learned Trial Magistrate shall stand restored.

Ordered accordingly.

Sd/-

JUDGE

mv

 
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