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2025 Supreme(HP) 1050

IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA
HON'BLE MR. JUSTICE SUSHIL KUKREJA
Veer Bhader – Appellant
Versus
Central Bank of India – Respondent


Advocates:
Advocate Appeared:
For the Petitioner:Mr. Bhag Chand Sharma, Advocate.
For the Respondent:Kr. Virender Singh, Advocate, vice Mr. Raman Prasher, Advocate.

Table of Content
1. factual background of the case (Para 1 , 2 , 3 , 4 , 5)
2. settlement between parties under one time settlement scheme (Para 7 , 8)
3. court analysis on compounding application and financial considerations (Para 9 , 15 , 17)
4. legal provisions for compounding under section 147 of the negotiable instruments act (Para 10 , 11 , 12 , 14)
5. final order for compounding and quashing of conviction (Para 13 , 18)

JUDGMENT :

Sushil Kukreja, J.

The instant petition has been filed by the petitioner-accused under Section 438 read with Section 442 of Bharatiya Nagarik Suraksha Sanhita, 2023 (for short BNSS ”), against judgment dated 04.03.2024, passed by learned Additional Sessions Judge, Rohru, in Criminal Appeal No. 118-R/10 of 2023, whereby the judgment of conviction, dated 23.08.2023, and order of sentence, dated 24.08.2023, passed by learned Additional Chief Judicial Magistrate Court No. 1, Rohru, District Shimla, H.P., in Criminal Case No. 81-3 of 2020, was affirmed.

2. The brief facts, giving rise to the present petition, can succinctly be summarized as under:

2(a). The Complainant-Bank, through its Manager Shri Fakir Chand Rana, filed a complaint against the petitioner-

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