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Basavaraj S/O Bheemappa Ambiger vs Vikas Daily Share Company
2022 Latest Caselaw 9832 Kant

Citation : 2022 Latest Caselaw 9832 Kant
Judgement Date : 28 June, 2022

Karnataka High Court
Basavaraj S/O Bheemappa Ambiger vs Vikas Daily Share Company on 28 June, 2022
Bench: K.Natarajan
            IN THE HIGH COURT OF KARNATAKA
                    DHARWAD BENCH

          DATED THIS THE 28TH DAY OF JUNE 2022

                            BEFORE

           THE HON'BLE MR.JUSTICE K. NATARAJAN

       CRIMINAL REVISION PETITION NO.100033/2019

BETWEEN

BASAVARAJ S/O BHEEMAPPA AMBIGER,
AGED: 58 YEARS, OCC: NIL,
R/O: STAR BUILDING, PADAYYAN HAKAL,
OLD HUBBALLI, TQ: HUBBALLI,
DIST: DHARWAD.
                                                   .....PETITIONER
(BY SRI A P MURARI, ADV.)

AND

VIKAS DAILY SHARE COMPANY
HUBBALLI BY ITS MANAGER,
CHANDRAHAS VEERABHADRAPPA KUDARI,
AGED: 60 YEARS,
R/O: JAVALI SAL, HUBBALLI,
TQ: HUBBALLI, DIST: DHARWAD.
                                                  .....RESPONDENT
(BY SRI GOURISHANKAR MOT, ADV.)

      THIS CRIMINAL REVISION PETITION IS FILED U/S 397 R/W 401 OF
CR.P.C. SEEKING TO CALL FOR THE RECORDS AND SET ASIDE THE
IMPUGNED JUDGMENT DATED 29.12.2018 IN CRL.A.NO.75/2017 PASSED
BY THE I-ADDL. DIST. & SESSIONS JUDGE, DHARWAD SITTING AT
HUBBALLI, AND THE IMPUGNED JUDGMENT DATED 11.07.2017 IN
C.C.NO.49/2017 PASSED BY THE JMFC I-COURT, HUBBALLI, CONVICTING
THE ACCUSED FOR THE OFFENCES P/U/S 138 OF NI ACT AND FURTHER
ACQUIT THE ACCUSED OF THE OFFENCES ALLEGED.
                                   2




     THIS REVISION PETITION COMING ON FOR ORDERS THIS DAY,
THE COURT MADE THE FOLLOWING:

                             ORDER

This revision petition is filed by the petitioner/accused under

Section 397 of Code of Criminal Procedure, 1973 (hereinafter

referred to as 'Cr.P.C.', for short) for setting aside the judgment of

conviction and order of sentence passed by the Court of J.M.F.C-1,

Hubballi dated 11.07.2017 in C.C.No.49/2017 upheld by the I Addl.

District and Sessions Judge, Dharwad sitting at Hubballi, dated

29.12.2018, in Crl.A.No.75/2017 convicting the petitioner/accused

for the offence punishable under Section 138 of Negotiable

Instruments Act, 1881 (hereinafter referred to as the 'N.I. Act', for

short).

2. During the pendency of this revision petition, both the

petitioner and respondent filed a joint compromise application

under Section 147 of the N.I. Act read with Section 320(1) of

Cr.P.C.

3. The petitioner/accused along with his counsel and son

of the respondent/complainant along with his counsel are present

before the Court.

4. Perused the compromise petition filed by the parties.

5. As per the compromise agreement, the petitioner has

already paid Rs.5,00,000/- vide D.D.No.001936 dated 19.04.2022

drawn in Axis Bank Ltd., Keshwapur, Hubballi in favour of

respondent/complainant and the same is received on 20.04.2022

and acknowledged by the respondent/complainant. It is stated in

the agreement that the petitioner/accused has deposited

Rs.2,00,000/- before the trial Court and the same shall be received

by the respondent/complainant . The remaining amount of

Rs.5,00,000/- shall be paid by the petitioner/accused on or before

31.12.2022.

6. The petitioner/accused and his counsel submit before

the Court that he will pay the remaining amount of Rs.5,00,000/-

on or before 31.12.2022.

7. The submission of the petitioner and his counsel is

placed on record.

8. The respondent's counsel submits that the respondent

may be granted liberty to recover the amount as per Sections 421

and 431 of Cr.P.C., if the petitioner is not paid the remaining

amount.

9. The submission of the respondent's counsel is placed on

record.

10. In view of the above, the compromise application is

accepted.

11. Consequently, the Criminal Revision Petition is allowed.

The judgment of conviction and order of sentence passed by the

Court of J.M.F.C-1, Hubballi dated 11.07.2017 in C.C.No.49/2017

upheld by the I Addl. District and Sessions Judge, Dharwad sitting

at Hubballi, dated 29.12.2018, in Crl.A.No.75/2017 is set aside.

The petitioner/accused is acquitted of the charges under Section

138 of N.I. Act. And his bail bonds stand cancelled.

12. The trial Court is directed to release the amount of

Rs.2,00,000/- deposited by the petitioner/accused in favour of the

respondent/complainant under due identification.

13. If the petitioner is not paid the remaining amount of

Rs.5,00,000/- on or before 31.12.2022, respondent is at liberty to

file application under Sections 421 read with Section 431 of Cr.P.C.

and recover the amount in accordance with law as fine.

Sd/-

JUDGE

Naa

 
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