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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
HARPREET SINGH BRAR
Sukhwinder Singh – Appellant
Versus
The Primary Coop. Agri. Development Bank Ltd Patiala – Respondent
| Table of Content |
|---|
| 1. facts underlying the loan and resultant accusation. (Para 1 , 2 , 3) |
| 2. arguments relating to loan repayment and compromise. (Para 5 , 6 , 7) |
| 3. court's observations define compounding permissibility. (Para 8 , 9 , 10 , 12) |
| 4. compounding of offenses under ni act emphasized. (Para 11) |
| 5. final ruling and acquittal of petitioner. (Para 13) |
JUDGMENT :
Harpreet Singh Brar, J. (Oral) - CRM-49724-2024
Allowed as prayed for.
CRM-25556-2024
For the reasons mentioned in the application, the same is allowed.
Delay of 830 days in filing the present revision petition is hereby condoned.
MAIN CASE
1. The instant revision petition has been preferred against the impugned judgment of conviction and the order of sentence dated 12.12.2019 passed against the petitioner by learned Judicial Magistrate Ist Class, Patiala in complaint case bearing CNR No.PBPT03012722-2017 dated 03.10.2017 filed under Section 138 of the Negotiable Instruments Act, 1881 (hereinafter referred as NI Act) as well as the impugned judgment dated 06.12.2021 passed by learned Additional Sessions Judge, Patiala, whereby, the appeal filed by the petitioner against the judgment of conviction dated 12.12.2019 has been dismi
Section 138 of the Negotiable Instruments Act allows for compounding of offenses upon mutual consent of the parties, emphasizing compensatory over punitive aspects.
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