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Sri.Vinayak Shankar Shet vs Sri. Vinayak Damodar Raikar
2025 Latest Caselaw 4833 Kant

Citation : 2025 Latest Caselaw 4833 Kant
Judgement Date : 8 March, 2025

Karnataka High Court

Sri.Vinayak Shankar Shet vs Sri. Vinayak Damodar Raikar on 8 March, 2025

      HIGH COURT LEGAL SERVICES COMMITTEE
                DHARWAD BENCH

              BEFORE THE LOK ADALAT

        IN THE HIGH COURT OF KARNATAKA
                DHARWAD BENCH

      DATED THIS THE 8 TH DAY OF MARCH, 2025

              CONCILIATORS PRESENT

      THE HON'BLE MR. JUSTICE G. BASAVARAJA
                         AND
      SRI. PRASHANT S. KADADEVAR, MEMBER

   CRIMINAL REVISION PETITION NO.100215/2020

              LOK ADALAT NO.02/2025

BETWEEN


SRI. VINAYAK SHANKAR SHET
AGED ABOUT 60 YEARS,
OCCUPATION: RETIRED TYPED IN
FOREST TIMBER DEPOT,
R/O. SIRSI ROAD,
TALUK. MUNDAGOD,
U.K. DISTRICT, PIN. 581349.
                                       ...PETITIONER


(BY SRI. VAGEESH R. HEDGE, ADVOCATE)


AND
SRI. VINAYAK DAMODAR RAIKAR
AGED ABOUT 37 YEARS,
                            2



OCCUPATION: CONTRACTOR AND BUSINESS
GANDHINAGAR,
TQ. MUNDAGODA,
U.K. DISTRICT, PIN. 581349.

                                         ...RESPONDENT

(BY SRI. LINGESH V. KATTIMANE, ADVOCATE)

THIS CRIMINAL REVISION PETITION IS FILED U/S. 397 R/W. 401 OF CR.P.C., SEEKING TO CALL FOR THE LOWER COURT RECORDS IN CC NO.283/2009 DISPOSED OF ON 05/09/2017 BY LEARNED I ADDITIONAL JMFC, AT SIRSI AND IN CRIMINAL APPEAL NO.5014/2017 DISPOSED OF ON 27/10/2020 BY THE I ADDITIONAL DISTRICT AND SESSIONS JUDGE, U.K. KARWAR, SITTING AT SIRSI FOR THE OFFENCE PUNISHABLE U/S. 138 OF N.I. ACT AND TO PASS A JUDGMENT OF ACQUITTAL BY SETTING ASIDE THE JUDGMENT OF CONVICTION DATED 05/09/2017 BY LEARNED I ADDITIONAL JMFC, SIRSI IN CC NO.283/2009 AND WHICH WAS CONFIRMED BY THE APPELLATE COURT I.E., 1ST ADDITIONAL DISTRICT AND SESSIONS JUDGE, U.K. KARWAR, SITTING AT SIRSI BY REVERSING THE SAME, FOR THE OFFENCE PUNISHABLE U/S. 138 OF N.I. ACT.

THIS CRIMINAL REVISION PETITION COMING ON FOR CONCILIATION BEFORE LOK ADALAT AFTER BEING REFFERED BY THE COURT, THE FOLLOWING CONCILIATION ORDER IS PASSED:

CONCILIATION ORDER

Both parties along with their respective counsels are

present.

2. The parties have filed joint memo dated

08.03.2025, which reads as under:

"1. The Parties have agreed to compromise the case for a total sum of Rs.1,45,000/- (Rupees One Lakh Forty Five Thousand Only), towards full and final settlement which shall be paid by the Petitioner/Accused to the Respondent/Complainant as follows:

(i) The Petitioner/Accused has already deposited Rs.1,12,000/- before the Trial Court in CC No.283/2009 and Respondent is permitted to withdraw the deposited amount before the Trial Court forthwith.

ii) The Petitioner/Accused has paid by cash of Rs.5,000/- to Respondent on 08.03.2025 and the accused/Petitioner paid in fine amount of Rs.5,000/- same amount transferred to complainant/Respondent.

(III) The remaining balance amount of Rs.23,000/- shall be paid by the Accused to the Complainant through DD or Bank Account transfer

in the name of Respondent/complainant-Vinayak Damodhar Raikar on or before 24.03.2025.

2. That if the Petitioner/Accused falls to pay before as agreed above the Respondent/Complainant is at liberty to execute the order passed by the Trial Court against the Petitioner/Accused as per law.

3. That on payment of the amount aforesaid the entire transaction between Petitioner and Respondent shall be closed and the petitioner shall be discharged of his liability and acquitted of the offence punishable U/s. 138 of the NI ACT."

3. Both parties have admitted the contents of the

joint memo and terms and conditions thereof. The said

joint memo is taken on record. In view of the compromise

arrived at between the parties, the offence is permitted to

be compounded between the parties.

4. In terms of the joint memo, the complainant is

entitled to withdraw a sum of Rs.1,12,000/- deposited by

the accused before the trial Court, including the interest, if

any, accrued thereon. Today a sum of Rs.10,000/- is paid

by the petitioner to the complainant and the remaining

sum of Rs.23,000/- shall be paid by the accused to the

bank account of the complainant or through DD on or

before 24.03.2025 as stated in the aforesaid joint memo.

In case of default of payment of above balance amount,

the complainant is at liberty to execute the order passed

by the trial Court against the accused as per law.

5. In view of the settlement arrived at between

the parties, the impugned judgment of conviction and

order of sentence passed by the trial Court and confirmed

by the first appellate Court is set aside. The accused is

acquitted for the offence punishable under Section 138 of

the Negotiable Instruments Act. Bail bonds of the accused

shall be cancelled.

6. In terms of the joint memo, the Criminal

Revision Petition stands disposed of. Registry is directed to

transmit the TCR to the trial Court forthwith.

Sd/-

JUDGE

Sd/-

MEMBER

Rsh ct-cmu

 
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