Thursday, 21, May, 2026
 
 
 
Expand O P Jindal Global University
 
  
  
 
 
 

M/S Shree Om Traders & Anr vs R.S. Trading Company & Anr
2023 Latest Caselaw 19733 P&H

Citation : 2023 Latest Caselaw 19733 P&H
Judgement Date : 15 November, 2023

Punjab-Haryana High Court
M/S Shree Om Traders & Anr vs R.S. Trading Company & Anr on 15 November, 2023
                                                   Neutral Citation No:=2023:PHHC:147581




                                                          2023:PHHC:147581
CRR-1911-2018 & CRR-1918-2018                                                    1

IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH



                        Date of decision : November 15, 2023
1.   CRR No. 1911 of 2018
     M/s Shree Om Traders and another                       ....Petitioners
                 Versus
     R.S.Trading Company and another                        ....Respondents

2.   CRR No. 1918 of 2018
     M/s Shree Om Traders and another                       ....Petitioners
                 Versus
     R.S.Trading Company and another                        ....Respondents


CORAM: HON'BLE MR. JUSTICE KULDEEP TIWARI


Present :   Mr. Kunal Dawar, Advocate, for the petitioners
            Mr. M.R.Sharma, Advocate, for respondent No. 1
            Mr. Chetan Sharma, DAG, Haryana


KULDEEP TIWARI,J.

1. Since both these revision petitions derive their origination

from alike facts, besides identical questions of law are involved

therein, therefore, they are amenable for being decided through a

common verdict. For the sake of brevity, the facts are being

extracted from CRR-1911-2018.

2. The instant revision petition is directed against the

impugned verdict of conviction and consequent thereto order of

sentence, as drawn by the learned Judicial Magistrate Ist Class,

Faridabad, respectively on 27.05.2015 and 29.05.2015, whereby, the

petitioner(s) has been convicted for offence punishable under

1 of 5

Neutral Citation No:=2023:PHHC:147581

2023:PHHC:147581

Section 138 of the Negotiable Instruments Act (hereinafter referred

to as the 'N.I. Act'), and, has been sentenced to undergo simple

imprisonment for six months and to pay compensation to the tune of

Rs.92,600/- to the respondent No.1.

3. In addition, the instant revision petition also assails the

verdict dated 23.05.2018, as passed by the learned Additional

Sessions Judge, Faridabad, whereby, the statutory appeal preferred

by the petitioners against the impugned verdict of conviction and

order of sentence (supra) was dismissed.

4. Since the instant revision petition garners its genesis

from the dishonor of two cheques, as issued by the petitioners in

favour of the respondent No.1/complainant, it is deemed imperative

to first succinctly extract the chronological factual matrix of the case.

5. The respondent No.1, which is a proprietorship firm,

being the registered owner of the vehicle, make: Ashoka Leyland

Container, bearing Registration No. HR-38-P-7505, was contacted

by the petitioner No.2 for use and occupation of the said vehicle.

The said vehicle was financed by ICICI Bank Limited. Accordingly,

the respondent No.1 agreed to hand-over the vehicle to the

petitioner No.2 on the terms and conditions, as mentioned in the

relevant agreement. As per the terms and conditions of the relevant

agreement, since the remaining installments of the vehicle were to

be paid by the petitioner No.2, therefore, the petitioner No.2, being

proprietor of petitioner No.1-firm, issued 30 postdated cheques in

2 of 5

Neutral Citation No:=2023:PHHC:147581

2023:PHHC:147581

favour of the respondent No.1, through his firm. However, when

Cheque bearing No.577511 dated 14.8.2011 for Rs.35,390/-, and,

Cheque No. 577512 dated 14.9.2011 Rs.35,390/-, both drawn on

Punjab National Bank, Jharsentli Branch, Ballabgarh (hereinafter

referred to as the 'disputed cheques') were presented before the

bank concerned, the same were returned dishonoured, vide bank

return memos dated 04.10.2011, with the remarks "Exceeds

Arrangements". Consequently, the respondent No.1 served a legal

notice upon the petitioners. However, since the legal notice did not

reap any fruitful results, the respondent No.1 was propelled to

institute a complaint under Section 138 of the N.I. Act before the

learned Magistrate concerned. Ultimately, the said complaint

resulted in conviction of the petitioner(s), in the manner described

hereinabove.

6. Upon the instant revision petition coming before this

Court for initial hearing, on 30.05.2018, the learned counsel for the

petitioners made a submission qua readiness and willingness of the

petitioners to deposit 50% of the total disputed cheque amount of

Rs.70,780/-, whereupon, after issuing notice of motion, this Court

directed release of the petitioners on interim bail, if 50% of the total

disputed cheque amount becomes deposited.

7. Pursuant to the making of the directions (supra), the

petitioners deposited 50% of the total disputed cheque amount and

the said factum did not become disputed by the respondent

3 of 5

Neutral Citation No:=2023:PHHC:147581

2023:PHHC:147581

No.1/complainant. Subsequently, on 04.12.2018, upon a ray of

hope, qua compounding the offences, being expressed by the

learned counsels appearing for the parties, this Court relegated the

parties to the Mediation and Conciliation Centre of this Court.

8. Thereafter, in due course, the parties compromised the

matter, through amicable settlement, which was reduced into writing.

The relevant extract of the compromise so effected inter se the

parties is extracted hereinafter:-

"...That now both the parties have arrived at a compromise in the Panchayat, which was held by the members of both the parties. Now first party and second party have resolved the matters amicably and without any pressure or coercion, as per which, second party has given the entire amount of cheque with penalty as full and final payments towards Case No.6 of 2006. As per settlement, the amount which was deposited by the order of the Hon'ble High Court will be released in favour of party of the first part...."

9. The learned counsels appearing for the parties have also

lent corroboration to the hereinabove extracted compromise deed.

Moreover, the learned counsel for the respondent No.1/complainant

and the learned State counsel have also expressed their "No

Objection" in case the present revision petition is allowed and the

petitioners are acquitted, since the parties have reached at a

compromise.

10. What emanates from the hereinabove discussed material

4 of 5

Neutral Citation No:=2023:PHHC:147581

2023:PHHC:147581

and submissions, is that, both the parties are ad idem that they have

compromised the matter through amicable settlement, without any

pressure, threat or undue influence, therefore, the offence(s) be

compounded, so that the peace and harmony may get restored inter

se the parties.

11. Learned counsel for the petitioners has also placed

reliance upon judgment of Hon'ble Supreme Court in A.T.

Sivaperumal Vs. Mohammed Hyath (D) By Lrs. 2017(2) R.C.R.

(Criminal) 453 and in A.J. Asana Vs. Sittrarasu 2019(5) R.C.R.

(Criminal) 568.

12. In view of the submissions made by the counsels for the

parties and the ratio of law laid down by the Apex Court in A.T.

Sivaperumal's case (supra) and in A.J. Asana's case (supra) both

the petitions bearing CRR-1911-2018 and CRR-1918-2018 are

allowed. The aforesaid complaints and all consequential

proceedings arising out of these, including the judgments of

conviction dated 27.5.2015 and orders of sentence dated 29.5.2015

passed by the learned Judicial Magistrate 1st Class, Faridabad, in

both the complaints, are hereby quashed.

13. The parties shall remain bound by the terms and

conditions of the compromise.




                                                    ( KULDEEP TIWARI )
November 15, 2023                                         JUDGE
   'tiwana'
              Whether speaking/reasoned ?       Yes/No
              Whether Reportable ?              Yes/No



                                                      Neutral Citation No:=2023:PHHC:147581

                                  5 of 5

 

 
Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : IJJ

 

LatestLaws Partner Event : MAIMS

 
 
Latestlaws Newsletter