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2026 Supreme(Online)(Mad) 17339

IN THE HIGH COURT OF JUDICATURE AT MADRAS
SUNDER MOHAN, J
Sakthivel – Appellant
Versus
M.Sachithanandham – Respondent


Advocates:
For the Appellants/Petitioners: Mr.T.Gandhi
For the Respondents: Mr.G.Jaisivaramaraj

Table of Content
1. challenging judgment under section 138. (Para 1)
2. settlement agreement leading to compounding. (Para 2)
3. judgment set aside leading to acquittal. (Para 3 , 4)

ORDER

The petitioner has preferred the above revision challenging the judgment passed by the learned Additional District and Sessions Judge, Dharmapuri, in Crl.A.No.02 of 2022, dated 16.02.2024, confirming the judgment of the learned Magistrate convicting the petitioner for the offence under Section 138 of the Negotiable Instruments Act and sentencing him to undergo 10 months SI and to pay compensation of Rs.21,00,000/- (id) to undergo further 1 month SI.

2. Pending revision, the parties were referred to Mediation. The learned counsel on either side submitted that a Settlement Agreement was entered into between the parties before the Mediation Centre, by which the respondent agreed to receive a total sum of Rs.14,00,000/- in full and final settlement of all his claims from the petitioner. The petitioner has so far paid a sum of Rs.9,80,000/-, which is admitted by the learned counsel for the respondent. The petitioner has deposited a sum of Rs.4,20,000/- to the credit of Crl.A.No.2 of 2022. The respondent

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