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M/S. Fortuna Buildcon India (P) ... vs M/S. Bhanu Steel & Alloys
2021 Latest Caselaw 7169 Kant

Citation : 2021 Latest Caselaw 7169 Kant
Judgement Date : 23 December, 2021

Karnataka High Court
M/S. Fortuna Buildcon India (P) ... vs M/S. Bhanu Steel & Alloys on 23 December, 2021
Bench: V Srishananda
                           1



IN THE HIGH COURT OF KARNATAKA AT BENGALURU

     DATED THIS THE 23RD DAY OF DECEMBER, 2021

                         BEFORE

      THE HON'BLE MR. JUSTICE V. SRISHANANDA

 CRIMINAL REVISION PETITION NO.982/2019
                  C/W
 CRIMINAL REVISION PETITION NO.983/2019
In CRL.R.P.No.982/2019

BETWEEN

1.     M/S FORTUNA BUILDCON INDIA (P) LTD.,
       No.212, 13TH CROSS,
       OPPOSITE CAFÉ COFFEE DAY,
       UPPER PLACE ROAD,
       SADASHIVANAGAR,
       BANGALORE - 560 080.

       REP BY ITS DIRECTOR
       MR. SHAILESH KUMAR.

2.     MR. SHAILESH KUMAR,
       AGED ABOUT 43 YEARS,
       S/O LATE N.SREERAMULU,

3.     MR. RAJESH KUMAR,
       AGED ABOUT 46 YEARS,
       S/O LATE N.SREERAMULU,

       BOTH ARE RESIDING AT
       No.212, 13TH CROSS,
       OPPOSITE CAFÉ COFFEE DAY,
                          2

      UPPER PLACE ROAD,
      SADASHIVANAGAR,
      BENGALURU - 560 080.
                                        ...PETITIONERS
(BY SRI.RUDRAPPA.P., ADVOCATE)

AND

M/S BHANU STEEL & ALLOYS,
No.17, SRI RAGHAVENDRA LAYOUT,
D BLOCK, TUMAKUR TOAD,
OPP MEI FACTORY,
YESHWANTHPURA,
BANGALORE - 560 022

REP BY ITS GPA HOLDER
MR.ARUN KEJRIWAL.
                                        ...RESPONDENT
(BY SRI.VITTALA SHETTY.P., ADVOCATE)

      THIS CRL.RP IS FILED U/S.397 R/W 401 CR.P.C
PRAYING TO SET ASIDE THE JUDGMENT AND ORDER
DATED 06.07.2019 PASSED BY THE LVI ADDITIONAL CITY
CIVIL   AND    SESSIONS   JUDGE,     BENGALURU    IN
CRL.A.No.139/2019 AND SET ASIDE THE JUDGMENT AND
CONVICTION ORDER DATED 22.12.2018 PASSED BY THE
XII ADDL. C.M.M., BENGALURU IN C.C.No.18311/2017.


In CRL.R.P.No.983/2019

BETWEEN

1.    M/S FORTUNA URBANSCAP (P) LTD.,
      No.212, 13TH CROSS,
      OPPOSITE CAFÉ COFFEE DAY,
      UPPER PLACE ROAD,
      SADASHIVANAGAR,
      BANGALORE - 560 080.
                          3


      REP BY ITS DIRECTOR
      MR. SHAILESH KUMAR.

2.    MR. SHAILESH KUMAR,
      AGED ABOUT 43 YEARS,
      S/O LATE N.SREERAMULU,

3.    MR. RAJESH KUMAR,
      AGED ABOUT 46 YEARS,
      S/O LATE N.SREERAMULU,

      BOTH ARE RESIDING AT
      No.212, 13TH CROSS,
      OPPOSITE CAFÉ COFFEE DAY,
      UPPER PLACE ROAD,
      SADASHIVANAGAR,
      BENGALURU - 560 080.
                                       ...PETITIONERS
(BY SRI.RUDRAPPA.P., ADVOCATE)

AND

M/S BHANU STEEL & ALLOYS,
No.17, SRI RAGHAVENDRA LAYOUT,
D BLOCK, TUMAKUR TOAD,
OPP MEI FACTORY,
YESHWANTHPURA,
BANGALORE - 560 022

REP BY ITS GPA HOLDER
MR.ARUN KEJRIWAL.
                                       ...RESPONDENT
(BY SRI.VITTALA SHETTY.P., ADVOCATE)
                              4

     THIS CRL.RP IS FILED U/S.397 R/W 401 CR.P.C
PRAYING TO SET ASIDE THE JUDGMENT AND ORDER
PASSED IN CRL.A.No.140/2019 ON THE FILE OF THE LVI
ADDITIONAL CITY CIVIL AND SESSIONS JUDGE CCH-57
BENGALURU DATED 06.07.2019 AND SET ASIDE THE
JUDGMENT      AND     CONVICTION     ORDER      IN
                                       TH
C.C.No.18312/2017 ON THE FILE OF THE 12 A.C.M.M.,
AT BENGALURU DATED 22.12.2018.

     THESE CRIMINAL REVISION PETITIONS COMING ON
FOR ORDERS THIS DAY, THE COURT MADE THE
FOLLOWING:-

                           ORDER

A sum of Rs.10,00,000/- is furnished by the Revision

Petitioners to the respondent/complainant, who is present

before the Court vide Demand Draft No.020781 dated

23.12.2021 drawn on HDFC Bank, Sadashivanagar,

Bengaluru. Apart from Demand Draft of Rs.10,00,000/-, a

sum of Rs.12,00,000/- is paid in cash by the Revision

Petitioners to the complainant.

A joint memo duly signed by the parties with their

respective counsel is filed before the Court depicting the

above aspects and balance amount of Rs.4,54,000/- will

be paid on or before 31.03.2022.

Keeping the joint memo on record, the Criminal

Revision Petitions are disposed of.

After payment of balance amount of Rs.4,54,000/-,

the accused/Revision Petitioners stand acquitted for the

offence punishable under Section 138 of the Negotiable

Instruments Act, 1881. Failing which, the complainant/

respondent is at liberty to execute the order.

On payment of the balance amount of Rs.4,54,000/-,

complainant/respondent agrees to withdraw the pending

criminal proceedings. Till such time, the pending criminal

proceedings need not be precipitated.

An amount Rs.7,00,000/- deposited before the Trial

Court by the Revision Petitioners is ordered to be

withdrawn by the complainant/respondent under due

identification.

Sd/-

JUDGE

KA*

 
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