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2017 (7) TMI 924

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..... pondent. Learned counsel for the first respondent submits that the first respondent has received the entire amount. Therefore, he has no objection if the conviction already recorded under Section 138 of the NI Act is set aside. Since the parties have settled their disputes, we allow the parties to compound the offence, set aside the judgment of the courts below and acquit the appellant of the c .....

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..... n the ground of insufficient funds . The appellant did not pay the amount in spite of issue of statutory notice. It was, therefore, alleged that the appellant has committed an offence punishable under Section 138 of the Negotiable Instruments Act, 1881 (hereinafter referred to as the N.I. Act ). 3. Learned magistrate took the complaint on file as CC No.103 of 2001 under Section 138 of the N.I .....

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..... Revision No.90 of 2006. The Revision Petition was dismissed by the High Court on 12.8.2014. The appellant has challenged the legality and correctness of the said order in this appeal. 6. Learned counsel for the parties submit that during the pendency of the revision case before the High Court the matter was compromised. Learned counsel for the appellant submits that the entire amount has been p .....

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..... Civil Lines, Delhi 110054, within four weeks from today and produce an acknowledgement for having paid the amount to the orphanage within one week thereafter. If the appellant fails to produce such acknowledgement, the order of conviction and sentence against the appellant would revive and the Registrar (Judicial) shall take appropriate further action for the execution of such revival order. 9. .....

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