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2023 Supreme(SC) 83

KRISHNA MURARI, V. RAMASUBRAMANIAN
B. V. Seshaiah – Appellant
Versus
State of Telangana – Respondent


Advocates appeared:
For the Petitioner(s): M/S. M. Rambabu And Co., AOR Mr. Mullapudi Rambabu, Adv. Ms. Prity Kumari, Adv. Mr. N. Eswara Rao, Adv.
For the Respondent(s):Mr. S.. Udaya Kumar Sagar, AOR Mr. Lakshay Saini, Adv. Respondent-in-person

JUDGMENT :

KRISHNA MURARI, J.

Leave Granted.

2. The present Appeals have been filed by the Appellants herein against the impugned order and judgment dated 17.04.2018 passed by the High Court Of Judicature at Hyderabad in Criminal Revision Case Nos. 1678/2014 and 1679/2014.

3. For the purpose of these Appeals, briefly, the facts of the present case are that on a private complaint initiated by the Respondent No.2, proceedings under Section 138 of the Negotiable Instruments Act, 1881 were initiated against the Appellants herein. These proceedings led to the conviction of the Appellants by the trial court.

4. It is alleged that the Appellants, under the guise of making investments took money from Respondent No.2 and made wrongful gain for their profits.

5. After the Appellants’ conviction, A revision was preferred by them in the High Court It is important to note that during the course of the revision filed by the Appellants, the parties entered into a Memorandum of Understanding to settle the dispute within themselves.

6. Clause 8 of the Memorandum Of Understanding stated that the dispute was to be settled amicably, and in the event of the dispute still not being amicably resolved, it must b


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