VH Bureau Admissions & Publications Pvt Ltd & Anr v. M/S KLI Advertising & Anr

(1) The instant revision petitions have been filed by the petitioners to challenge the legality and correctness of judgment dated 05.06.2015 of learned Additional. Sessions passed in Crl.A.No.38/14 by which order on conviction dated 29.09.2014 under Section 138 Negotiable Instruments Act passed by the learned Metropolitan Magistrate was upheld. The petitioners were awarded Simple Imprisonment for one year with fine ?2,00,000/-. (2) Duringthe courseof proceedings Crl.M.A.Nos. 19007/2015 and 19008/2015 were filed to report settlement. The complainant is present with his counsel and informs that the matter has been compounded/settled by him with the petitioners with his free consent and he has no objection to the disposal of the revision petition as settled/compounded. He further informs that necessary settled amount has already been received by him. The petitioners have deposited ?3,00,000/-(Rupees three lacs) in the courts below and they have no objection to itsrelease to therespondent/complainant. (3) Since the revision petitions have been settled/compounded by the complainant with his free consent and he has received the settlement amount, the revision petitions are disposed of as settled/compounded. Thepetitioners are acquitted. Crl.Rev.P.Nos.350/15 &351/15 Page 2 of[3] (4) Since the matter has been settled at revisional stage and the petitioners have remained in custody for certain duration, considering the poor economic condition of the petitioners, they are directed to pay ?40,000/- as costs within two weeks before the Trial Court. (5) The revision petitions stand disposed of in the above terms. All pending applications also stand disposed of. Trial Court record (if any) be sent back forthwith along with the copy of the order. Intimation be also sent to the Superintendent Jail. (6) The date already fixed in the matter i.e. 21.04.2016 stands cancelled. sfP.GARG, J. DECEMBER 23,2015 sa Crl.Rev.P.Nos.350/15 & 351/15 Page 3 of[3]