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Narayanaswamy vs H G Gundaiah
2024 Latest Caselaw 3948 Kant

Citation : 2024 Latest Caselaw 3948 Kant
Judgement Date : 8 February, 2024

Karnataka High Court

Narayanaswamy vs H G Gundaiah on 8 February, 2024

                                          -1-
                                                      NC: 2024:KHC:5429
                                                CRL.RP No. 711 of 2014




               IN THE HIGH COURT OF KARNATAKA AT BENGALURU
                  DATED THIS THE 8TH DAY OF FEBRUARY, 2024
                                     BEFORE
                     THE HON'BLE MR JUSTICE S RACHAIAH
                 CRIMINAL REVISION PETITION NO. 711 OF 2014
             BETWEEN:
                NARAYANASWAMY
                S/O MUTHARAYAPPA
                AGED 34 YEARS
                EX.PRESIDENT OF
                YOUTH JANATHA DAL
                NO.18, NEAR SHARADA SCHOOL
Digitally
signed by       L.G.RAMANNA LAYOUT
SUDHA S         LAVAKUSHA NAGAR
Location:       LAGGERE, BANGALORE - 560 058.
HIGH COURT
OF                                                        ...PETITIONER
KARNATAKA    (BY SRI. R RAJA, ADVOCATE)

             AND:
                H G GUNDAIAH
                S/O H.V.GUNDAIAH
                AGED 54 YEARS
                NO.6, SOWBAGYA
                BEHIND DEEPAK SAHAKARI BANK
                A.G.B.LAYOUT, MAHALAKSHMIPURA,
                3RD STAGE, BANGALORE - 560 086.
                                                         ...RESPONDENT
             (BY SRI. B C SEETHARAMA RAO, ADVOCATE)

                  THIS CRL.RP IS FILED U/S.397 CR.P.C PRAYING TO SET
             ASIDE THE CONVICTION AND SENTENCE PASSED BY THE XII
             ADDITIONAL CHIEF METROPOLITAN MAGISTRATE, BANGALORE
             ON 12.6.13 IN C.C.NO.11643/2009, AND ALSO ORDER PASSED
             BY THE FAST TRACK SESSIONS JUDGE, FTC-V, BANGALORE
             CITY ON 23.7.2014 ON CRL.A.NO.325/2013 AND ETC.,

                  THIS PETITION, COMING ON FOR FINAL HEARING, THIS
             DAY, THE COURT MADE THE FOLLOWING:
                                   -2-
                                                   NC: 2024:KHC:5429
                                           CRL.RP No. 711 of 2014




                             ORDER

1. Heard Sri.R.Raja, learned counsel for the petitioner and

Sri.B.C.Seetharama Rao, learned counsel for the

respondent.

2. Both learned counsels submit that the parties have

settled the dispute amicably and filed a Joint Memo. The

joint memo is taken on record.

3. The Joint Memo is duly signed by the petitioner, the

respondent and their respective counsels. Para Nos.1 and

2 of the joint memo reads thus:

"BOTH PARTIES IN THE ABOVE CASE SUBMIT AS FOLLOWS:-

1. The parties to the above petition submit that the matter in dispute in the above petition is amicably settled by the parties and the petitioner has paid total sum of Rs.8,20,000/- to the respondent in full and final settlement of the above petition. The respondent has already received Rs.7,00,000/- from the petitioner in the following manner:-

a. Received Rs.1,50,000/- on 12.7.2013 b. Received Rs.1,00,000/- on 18.10.2014 c. received Rs.1,00,000/- on 19.12.2014

NC: 2024:KHC:5429

d. Received Rs.2,00,000/- on 7.1.2015 e. Received Rs.50,000/- on 21.12.2023 f. Receive Rs.1,00,000/-on 10.1.2024

ie., total Rs.7,00,000/- (Rs.Seven Lakhs only) from the petitioner in the above case.

2. The petitioner submits that remaining balance amount of Rs.1,20,000/-( Rs.One lakh Twenty Thousand only) paid to the respondent today. The respondent in the above case has no objection to allow the above petition and compound the offence."

4. Considering the joint memo, there is no embargo to this

Court to record the compromise in terms of settlement.

There is no embargo to this Court to record the

compromise since the offence which is punishable under

Section 138 of the N.I. Act, is compoundable in nature.

5. Accordingly, I proceed to pass the following:

ORDER

(i) The Criminal Revision Petition stands disposed of

in terms of the compromise.

(ii) The judgment of conviction and order of

sentence dated 12.06.2013 passed in

C.C.No.11643/2009 by the II Additional Chief

NC: 2024:KHC:5429

Metropolitan Magistrate, Bengaluru and the

judgment and order dated 23.07.2014 passed in

Crl.A.No.325/2013 by the Fast Track Sessions

Judge, FTC-V, Bengaluru are set aside.

(iii) The petitioner / accused is acquitted for the

offence punishable under Section 138 of

Negotiable Instruments Act.

(iv) Bail bond executed, if any, stands cancelled.

Sd/-

JUDGE

UN

 
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