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PUNJAB AND HARYANA HIGH COURT AT CHANDIGARH
KIRTI SINGH
Baljeet Singh – Appellant
Versus
Gangsar Jaitu Primary Coop Agri Development Bank Ltd. – Respondent
JUDGMENT :
Kirti Singh, J. (Oral) -
CRM-39209-2024
1. This is an application for placing on record the affidavit of Manager of respondent Bank as Annexure A-1.
2. Heard. For the reasons mentioned in the application, the same is allowed and Annexure A-1 is taken on record subject to all just exceptions.
CRR-1319-2024
The present revision petition has been filed against the judgment dated 23.05.2024 passed by the Additional Sessions Judge, Faridkot, vide which the appeal preferred by the petitioner/accused against the judgment of conviction and order of sentence dated 22.07.2019 passed by the Sub Divisional Judicial Magistrate, Faridkot, has been dismissed.
2. The brief facts of the case are that the petitioner/accused availed a loan from the complainant bank. To repay the liability, the petitioner/accused issued a cheque (No. 858212) dated 06.07.2016 for a sum of Rs. 4,90,000/- with an assurance of its encashment. However, when the complainant bank presented the cheque, it was dishonored on 18.07.2016 due to "Insufficient Funds." The accused was served with a legal notice dated 20.07.2016 through his counsel for the repayment of the aforesaid amount but he failed to make the payment within
The offence under Section 138 of the Negotiable Instruments Act is compoundable, leading to acquittal upon settlement.
The main legal point established is that the compounding of the offence under Section 138 of the Negotiable Instruments Act can be allowed based on a mutual compromise between the parties, leading to....
The offence under Section 138 of the Negotiable Instruments Act is compoundable, allowing acquittal upon settlement between the parties.
The offence under Section 138 of the Negotiable Instruments Act is compoundable, allowing for acquittal upon mutual settlement between parties.
The offence under Section 138 of the Negotiable Instruments Act can be compounded upon mutual settlement of the parties, leading to acquittal.
The offence under Section 138 of the Negotiable Instruments Act is compoundable, allowing for acquittal upon mutual settlement between the parties.
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