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Sri Vishwanatha vs M/S Shriram Transport Finance Co ...
2023 Latest Caselaw 1851 Kant

Citation : 2023 Latest Caselaw 1851 Kant
Judgement Date : 14 March, 2023

Karnataka High Court
Sri Vishwanatha vs M/S Shriram Transport Finance Co ... on 14 March, 2023
Bench: S Vishwajith Shetty
                                                 -1-
                                                           CRL.RP No. 1 of 2023




                       IN THE HIGH COURT OF KARNATAKA AT BENGALURU
                            DATED THIS THE 14TH DAY OF MARCH, 2023
                                                BEFORE
                         THE HON'BLE MR JUSTICE S VISHWAJITH SHETTY
                                      CRL.R.P. NO. 1 OF 2023
                   BETWEEN:
                   SRI VISHWANATHA
                   S/O DHARNANNA MOOLYA
                   AGED ABOUT 44 YEARS
                   R/AT PUDIKELLAYA KODI HOUSE
                   KALLIGE POST AND VILLAGE
                   BANTWALA, DAKSHINA
                   KANNADA - 574 219
                   KARNATAKA.
                                                                    ...PETITIONER
                   (BY SRI NAGESHA B.S, ADV.)
                   AND:
Digitally signed
by B A             M/S SHRIRAM TRANSPORT
KRISHNA
KUMAR              FINANCE CO LTD
Location: High     A PUBLIC LIMITED
Court of
Karnataka          COMPANY HAVING ITS
                   REGISTERED OFFICE AT 123
                   ANGAPPANAICKEN STREET
                   CHENNAI-1, HAVING ITS ONE OF
                   BRANCH OFFICE AT PUTTUR AND
                   DIVISIONAL OFFICE AT MANGALORE
                   REP BYITS OFICER AND G.P.A HOLDER
                   K. VASUDEV, AGED 48 YEARS
                   S/O K.L BHAT
                   R/O KODAVOOR HOUSE
                   UDUPI DISTRICT - 576 108.
                                                                   ...RESPONDENT
                   (BY SRI K. SHASHIKANTH PRASAD, ADV.)

                         THIS CRL.R.P. IS FILED U/S.397 R/W 401 CR.P.C PRAYING TO
                   ACQUIT THE PETITIONER BY SETTING ASIDE IMPUGNED JUDGMENT
                   PASSED IN CRL.A.NO.5048/2020 DATED 15.10.2022 CONVICTING
                   THE PETITIONER BY THE V ADDL. DISTRICT AND SESSIONS JUDGE,
                   D.K., MANGALORE SITTING AT PUTTUR D.K., VIDE AT ANNEXURE-A
                   AND IN C.C.NO.87/2014 DATED 24.02.2020 PASSED BY THE COURT
                   OF PRL. SENIOR CIVIL JUDGE AND ACJM, PUTTUR D.K., CONVICTING
                   THE PETITIONER HEREIN VIDE AT ANNEXURE-B.
                                      -2-
                                                    CRL.RP No. 1 of 2023




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

                                   ORDER

This Criminal Revision Petition under Section 397 of Code

of Criminal Procedure, 1973 (for short 'Cr.P.C') has been filed

challenging the judgment and order of conviction and sentence

passed by the Court of Principal Senior Civil Judge and ACJM at

Puttur (for short the 'Trial Court) in C.C.No.87/2014 dated

24.02.2020 and the judgment and order passed by the V

Additional District & Sessions Judge, Dakshina Kannada,

Mangaluru (for short the 'Appellate Court') in

Crl.A.No.5048/2020 dated 15.10.2022.

2. Learned counsel for the parties jointly submit that

the dispute between the parties has been amicably

settled and in terms of settlement, they have filed a joint

memo before this Court today. They submit that the petitioner

has deposited 50% of the fine amount imposed by the Trial

Court and for balance 50% of the fine amount, the petitioner

has issued a demand draft bearing no.859800 in favour of the

respondent and thereby the entire fine amount of

Rs.3,10,000/- is paid by the petitioner.

CRL.RP No. 1 of 2023

3. The joint memo filed by the parties which is also

signed by their respective advocates is taken on record.

4. Having regard to settlement arrived between the

parties, the parties are permitted to compound the offence

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

following :-

::ORDER::

Criminal Revision Petition is disposed of in

terms of the joint memo.

The judgment and order of conviction and

sentence passed by the Court of Principal Senior

Civil Judge and ACJM at Puttur in C.C.No.87/2014

dated 24.02.2020 which has been confirmed by the

Court of V Additional District & Sessions Judge,

Dakshina Kannada, Mangaluru in

Crl.A.No.5048/2020 dated 15.10.2022 is set-aside

and the petitioner is acquitted of the offence

punishable under Section 138 of N.I. Act.

The respondent - complainant acknowledges

the receipt of the demand draft for the amount of

CRL.RP No. 1 of 2023

Rs.1,60,000/- paid by the petitioner today. The

respondent - complainant is also permitted to

withdraw amount of Rs.1,50,000/- out of the

amount deposited by the petitioner before the Trial

Court and the balance amount of Rs.10,000/- shall

be remitted to the State.

SD/-

JUDGE

NMS

 
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