Jammu and Kashmir High Court
CRM(M)/988/2022 of BALBIR SINGH Vs SHRIRAM TRANSPORT FINANCE COMPANY LTD TH YUDHVIR SINGH on 8 July 2026
OF JAMMU & KASHMIR AND LADAKH AT JAMMU Case No. CRM(M) No. 988/2022 CrlM Nos. 847/2024 & 2054/2022 Pronounced on:-08.07.2026 Uploaded on:- 09.07.2026 Balbir Singh, Age 75 years, S/o Sh. Thakur Singh, R/o H/No. 23 Exchange Road, Jammu. …..Petitioner(s) Through: Mr. Amit Gupta,
HIGH COURT OF JAMMU & KASHMIR AND LADAKH
AT JAMMU
Case No. CRM(M) No. 988/2022
CrlM Nos. 847/2024 &
2054/2022
Pronounced on:-08.07.2026
Uploaded on:- 09.07.2026
Balbir Singh, Age 75 years,
S/o Sh. Thakur Singh,
R/o H/No. 23 Exchange Road, Jammu.
…..Petitioner(s)
Through: Mr. Amit Gupta, Sr. Advocate with Mr. Sumit Moza, Advocate.
Vs
Shriram Transport Finance Company Ltd.
having its Head Office at 123,
Angappa Naicken Street, Chennai & one of its Branch Office, Shop No. 13-B, Opposite Saint Nirankari Satsang Bhawan, Shastri Nagar, Jammu Th. Sh. Yudhvir Singh (Attorney Holder)
.…. Respondent(s)
Through: Ms. Aparna Singh, Advocate vice Mr. Rajesh Kumar Singh Lalotra, Advocate.
CORAM:
HON’BLE MR. JUSTICE M A CHOWDHARY, JUDGE
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ORDER
01. Petitioner through the medium of this petition quashing of the following:-
a. Process issued against the petitioner by the Court of learned Excise Magistrate, Jammu in case bearing Registration No. 102214/2020 and CNR No. JKJM030023922020 titled “Shriram Tpt Finance Co. Ltd. Vs. Balblr Singh.”
b. Proceedings initiated against the petitioner under Section 138 of Negotiable Instruments Act by the Court of Learned Excise Magistrate, Jammu in case bearing Registration No. 102214/2020 and CNR No. Serial No. 10 Regular List
2 CRM(M) No. 988/2022
JKJM030023922020 titled, “Shriram Tpt Finance Co. Ltd. Vs. Balbir Singh.”
c. Such other additional or alternative relief as this Court deems fit and proper in the facts and circumstances of the case of the petitioner may also be passed in favour of the petitioner and against the respondents.”
02. Learned counsel for the parties submit that the parties have settled the matter outside the Court with regard to the complaint titled, “Shriram Tpt Finance Co. Ltd. Vs. Balbir Singh under Section 138 of the Negotiable Instruments Act, impugned in this petition and pending before the Court of learned Excise Magistrate, Jammu (for short, “the trial Court”)”.
03. Learned counsel for the parties further submit that the matter has been settled for payment of a sum of ₹5,17,875/-, payable by the petitioner herein as an accused, to the respondent herein as complainant, which has already been paid on 30.06.2026. A scanned copy of the Receipt in this regard has been produced by learned Senior counsel for the petitioner, which is taken on record.
04. In view of the amicable settlement made between the parties and the submissions made at the Bar, this petition is allowed and the impugned complaint titled, “Shriram Tpt Finance Co. Ltd. Vs. Balbir Singh”, pending before the trial Court alongwith consequential proceedings/orders, is quashed.
05. Petition is, accordingly, disposed of, accordingly, as allowed alongwith connected application(s).
(M A CHOWDHARY) JUDGE JAMMU
08.07.2026
Ram Krishan
Ram Krishan 2026.07.09 13:19 I attest to the accuracy and integrity of this document