Citation : 2021 Latest Caselaw 297 Kant
Judgement Date : 6 January, 2021
1
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 6TH DAY OF JANUARY, 2021
BEFORE
THE HON'BLE MR. JUSTICE H.P. SANDESH
WRIT PETITION No.10847/2020 (GM-RES)
BETWEEN:
1. SRI CHINMAYA HEGDE,
PARTNER, M/S. MUNIVERSE TRAVERSING LLP,
RESIDING AT NO.101, 8TH MAIN,
11TH CROSS, MALLESHWARAM,
BENGALURU - 560 003.
2. SRI HIMANSHU JOSHI,
PARTNER, M/S MUNIVERSE TRAVERSING LLP,
RESIDING AT NO.10, UTARAUDA BUILDING,
BAGESHWAR,
UTTARAKHAND- 263 632. ... PETITIONERS
(BY SRI RAJESH RAO K., ADVOCATE)
AND:
1. SRI ANANT KOMAR,
R/O BRIGADE PALM SPRINGS,
APARTMENT NO.313, TOWER NO.2,
24TH MAIN, J.P NAGAR, 7TH PHASE,
PUTTENHALLI,
BANGALORE - 560 078,
REP. BY HIS POWER OF ATTORNEY HOLDER
MR. SATISH HEBBAR.
2. THE STATE OF KARNATAKA,
REPRESENTED BY
THE GOVERNMENT PLEADER,
2
HIGH COURT OF KARNATAKA,
BENGALURU - 560 001. ... RESPONDENTS
(BY SRI K.S. ABHIJITH, HCGP FOR R-2)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND
227 OF THE CONSTITUTION OF INDIA READ WITH SECTION 482
OF CR.P.C. PRAYING TO DIRECT THE APPELLATE TRIBUNAL COURT
TO PASS AN ORDER TO MODIFY AND TO RELAX IN THE INTERIM
ORDER DATED 09.06.2020 AND BE PLEASED TO PASS AN ORDER
TO RECOVER THE SAME i.e., AT THE RATE OF 18 PERCENT OUT OF
THE DEPOSIT AMOUNT IF THE CONVICTION IS CONFIRMED.
THIS WRIT PETITION COMING ON FOR ORDERS THIS DAY,
THE COURT MADE THE FOLLOWING:
ORDER
Heard the learned counsel for the petitioners and the
learned High Court Government Pleader appearing for
respondent No.2.
2. This petition is filed under Articles 226 and 227 of
the Constitution of India read with Section 482 of Cr.P.C. praying
this Court to modify and to relax the conditions imposed by the
Appellate Court in its interim order dated 09.06.2020.
3. The factual matrix of the case is that the respondent
No.1 herein had initiated the proceedings under Section 138 of
the Negotiable Instruments Act ('N.I. Act' for short) and the Trial
Court convicted these petitioners. Hence, appeal was filed before
the Appellate Court in Crl.A.Nos.579/2020 and 580/2020. The
Appellate Court while suspending the sentence passed an order
to deposit 20% of the fine amount imposed on the appellants
before the Trial Court. Hence, the present petition is filed before
this Court by both the accused/appellants.
4. The learned counsel for the petitioners would submit
that the petitioners have got other alternative remedy to invoke
Section 421 of Cr.P.C. and hence the order impugned requires to
be quashed.
5. Having perused the grounds urged and also the
submissions of the learned counsel, there is no dispute with
regard to the fact that Section 138 proceedings was initiated
against these two petitioners and order of conviction was
passed. The Appellate Court while exercising the discretion,
directed to pay 20% of the fine amount while suspending the
sentence. It is important to note that an amendment was
brought to Section 148 of the N.I. Act in 2018 and envisaged the
powers vest with the Appellate Court. The amendment is very
clear that the Appellate Court may order to suspend the
sentence directing the appellants to deposit 20% of the fine
amount. The Appellate Court has not exceeded its limit while
passing the order of suspension of sentence. Hence, I do not find
any merit in the petition to quash the said order as sought in the
petition.
6. The learned counsel for the petitioners would submit
that the cheque amount is Rs.35 lakhs and directed to pay
Rs.50,00,000/- hence it is difficult to deposit the amount as the
same is a huge amount.
7. Having perused the judgment of the Trial Court and
the Appellate Court, the Appellate Court has directed to deposit
20% of the fine amount. Instead of directing 20% of the fine
amount, it is appropriate to direct the petitioners to pay 20% of
the cheque amount.
8. In view of the discussions made above, I pass the
following:
ORDER
(i) The petition is disposed of accordingly.
(ii) The petitioners are directed to deposit 20%
of the cheque amount in two equal
instalments. The petitioners are directed to deposit 50% of the 20% of the cheque amount within two weeks from today and the remaining 50% within eight weeks from today.
Sd/-
JUDGE
MD
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