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M/S. Jda Projects vs M/S. Jamandas Moorajee Finance ...
2023 Latest Caselaw 752 Kant

Citation : 2023 Latest Caselaw 752 Kant
Judgement Date : 11 January, 2023

Karnataka High Court
M/S. Jda Projects vs M/S. Jamandas Moorajee Finance ... on 11 January, 2023
Bench: R. Nataraj
                                          -1-
                                                    CRL.RP No. 625 of 2021




                  IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                    DATED THIS THE 11TH DAY OF JANUARY, 2023

                                       BEFORE
                        THE HON'BLE MR JUSTICE R. NATARAJ
                   CRIMINAL REVISION PETITION NO. 625 OF 2021
             BETWEEN:

             1.    M/S. JDA PROJECTS
                   A REGISTERED PARTNERSHIP FIRM
                   HAVING ITS OFFICE AT NO.58,
                   CH/44/3A, 1ST FLOOR,
                   CHAMARAJA DOUBLE ROAD,
                   LAKSHMIPURAM,
                   MYSURU-570 004,
                   REPRESENTED BY ITS
                   MANAGING PARTNER,
                   SRI. JESUDAS RATHNAM.

             2.    SHRI. JESUDAS RATHNAM
                   MANAGING PARTNER
                   M/S. JDA PROJECTS
                   A REGISTERED PARTNERSHIP FIRM,
                   HAVING ITS OFFICE AT
                   NO.58, CH/44/3A, 1ST FLOOR,
                   CHAMARAJA DOUBLE ROAD,
                   LAKSHMIPURAM,
                   MYSURU-570 004.
Digitally
signed by
SUMA                                                         ...PETITIONERS
Location:
HIGH COURT   (BY SRI. RAJASHEKAR S., ADVOCATE)
OF
KARNATAKA
             AND:

             M/S. JAMANDAS MOORAJEE FINANCE PVT. LTD.,
             A PRIVATE LIMITED COMPANY INCORPORATED UNDER
             THE PROVISIONS OF COMPANIES ACT, 1956,
             HAVING ITS CORPORATE OFFICE AT
             NO.300, 3RD FLOOR,
             GOLDEN TOWERS,
                                    -2-
                                                CRL.RP No. 625 of 2021




RESIDENCE ROAD,
BENGALURU-560 025.

                                                            ...RESPONDENT
(BY SRI. NAVEEN GUDIKOTE S., ADVOCATE)

      THIS CRL.RP IS FILED UNDER SECTION 397 READ WITH
SECTION 401 OF THE CODE OF CRIMINAL PROCEDURE, 1973
PRAYING TO SET ASIDE THE ORDER DATED 22.02.2021 PASSED IN
CRL.A.NO.25144/2020 ON THE FILE OF THE IV ADDITIONAL CITY
CIVIL AND SESSIONS JUDGE, MAYO HALL UNIT, BANGLAORE (CCH-
75) DISMISSING THE CRIMINAL APPEAL FILED BY THE REVISION
PETITIONERS AND CONFIRMING THE JUDGMENT OF CONVICTION
AND   ORDER      OF    SENTENCE    DATED        13.03.2020    PASSED    IN
C.C.NO.15467/2018 ON THE FILE OF THE XVII ADDITIONAL JUDGE
COURT    OF    SMALL    CAUSES     AND        ACMM,   MAYO    HALL   UNIT,
BANGALORE.

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

                              ORDER

The petitioners have challenged the judgment of

conviction dated 13.03.2020 passed by the XVII Addl. Judge,

Court of Small Causes and Addl. Chief Metropolitan Magistrate,

Mayo Hall Unit, Bengaluru (SCCH - 21) in C.C.No.15467/2018

for the offence punishable under Section 138 of the Negotiable

Instruments Act, 1881 and consequent sentence to pay a fine

of Rs.10,50,67,315/- and in default, the accused

CRL.RP No. 625 of 2021

No.2/petitioner No.2 herein to undergo simple imprisonment for

a period of one year. The petitioners have also called in

question the judgment dated 22.02.2021 passed by the IV

Addl. City Civil and Sessions Judge, Mayo Hall Unit, Bengaluru

(CCH - 75) in Crl.A.No.25144/2020, by which the judgment of

conviction passed by the Trial Court was upheld.

2. When this revision petition was listed for admission,

the parties have filed a joint memo stating therein that the

parties have settled the dispute in terms of which, the

petitioners have agreed to pay a sum of Rs.13,50,00,000/-.

Out of which, the petitioners have paid a sum of

Rs.2,75,00,000/- by way of Demand Draft. For the remaining

sum of Rs.10,75,00,000/-, the petitioners have passed on three

post-dated cheques for a sum of Rs.2,75,00,000/- each and

one post-dated cheque for a sum of Rs.2,50,00,000/-. The

respondent has admitted and acknowledged the settlement.

3. The joint memo is placed on record.

CRL.RP No. 625 of 2021

4. In view of the same, this revision petition is

allowed. Subject to encashment of the cheques mentioned in

the joint memo, the judgment of conviction and order of

sentence dated 13.03.2020 passed by the XVII Addl. Judge,

Court of Small Causes and Addl. Chief Metropolitan Magistrate,

Mayo Hall Unit, Bengaluru (SCCH-21) in C.C.No.15467/2018 as

well as the judgment dated 22.02.2021 passed by the IV Addl.

City Civil and Sessions Judge, Mayo Hall Unit, Bengaluru

(CCH-75) in Crl.A.No.25144/2020 are set aside. Consequently,

the proceedings initiated by the respondent in

C.C.No.15467/2018 are closed.

5. However, liberty is reserved to the respondent to

seek revival of this revision petition in the event of petitioners

failing to honour any of the post-dated cheques mentioned in

the joint memo.

6. The petitioners shall pay graded cost of

Rs.1,00,000/- (Rupees One lakh only) which is payable to the

Karnataka State Legal Services Authority and the same shall be

deposited before this Court within a period of four weeks.

CRL.RP No. 625 of 2021

7. The grade cost as directed by the Hon'ble Apex

Court in the case of Damodar S. Prabhu vs. Sayed Babalal

H [AIR 2010 SC 1907] is dispensed with having regard to the

fact that the parties have reported a settlement in a civil suit

filed between them and also having regard to the fact that the

amount involved is a huge sum of Rs.13,50,00,000/- and

awarding graded cost at the rate of 15% would be onerous.

Sd/-

JUDGE

PMR

 
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