Karnataka High Court
CRL.RP/1527/2024 of SRI S RAGHAVENDRA PRASAD Vs UDAYA SOUHARDA CREDIT CO OPERATIVE LTD on 7 October 2026
2026:KHC:56262
CNR: KAHC010683322024 NC: 2026:KHC:56262 CRL.RP No. 1551 of 2024 C/W CRL.RP No. 1527 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7TH DAY OF OCTOBER, 2026 BEFORE THE HON'BLE MRS. JUSTICE GEETHA K.B. CRIMINAL REVISION PETITION NO. 1551 OF 2024 C/W CRIMINAL REVISION
HC-KAR
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 7TH DAY OF OCTOBER, 2026
BEFORE
THE HON'BLE MRS. JUSTICE GEETHA K.B.
CRIMINAL REVISION PETITION NO. 1551 OF 2024
C/W
CRIMINAL REVISION PETITION NO. 1527 OF 2024
IN CRL.RP No. 1551/2024
BETWEEN:
SMT. KAVITHA R
W/O S. RAGHAVENDRA PRASAD
NOW AGED ABOUT 52 YEARS
R/AT NO. 405, 2ND FLOOR,
12TH MAIN, SRINIVASANAGARA
BENGALURU - 560 050.
…PETITIONER
(BY SRI. SRINIVASA, ADVOCATE)
AND:
UDAYA SOUHARDA CREDIT
CO-OPERATIVE LTD.,
2ND FLOOR, NO.372,
9TH MAIN, 50 FEET ROAD
HANUMANTHANAGAR
BENGALURU - 560 019
REPT. BY ITS SECRETARY.
AND P.A HOLDER SRIKANTH.G
…RESPONDENT
(BY KUM. SOUMYA, ADVOCATE FOR
SRI. NARAYAN BABU D.N, ADVOCATE)
K B GEETHA
HC-KAR
Page 1 of 4
THIS CRL.RP IS FILED U/S 397 R/W 401 OF CR.P.C (U/S
438 R/W 442 BNSS) PRAYING TO SET ASIDE THE JUDGMENT
PASSED
BY
THE
1st
APPELLATE
COURT
IN
CRL.A.NO.1417/2018, PASSED BY THE HONBLE LXI ADDL. CITY
CIVIL AND SESSION JUDGE, BENGALURU CITY (CCH-62) DTD
01.08.2024 AND TRIAL COURT IN CC.NO.12771/2014 DTD
29.06.2018 ON THE FILE OF THE HONBLE XXVI ACMM, BENGALURU CITY RESPECTIVELY AND THEREBY PASS AN
ORDER DISMISS THE COMPLAINT FILED BY THE RESPONDENT
HEREIN AND RESULTING IN ACQUITTAL OF THE PETITIONER
AS
CONSEQUENCE
THEREOF
IN
THE
FACTS
AND
CIRCUMSTANCES OF THE CASE.
IN CRL.RP NO. 1527/2024
BETWEEN:
SRI. S. RAGHAVENDRA PRASAD
S/O V. SHRINIVAS RAO
AGED ABOUT 54 YEARS
R/AT NO. 405, 2ND FLOOR,
12TH MAIN, SRINIVASANAGARA
BENGALURU - 560 050.
...PETITIONER
(BY SRI. SRINIVASA, ADVOCATE)
AND:
UDAYA SOUHARDA CREDIT
CO-OPERATIVE LTD.,
2ND FLOOR, NO.372,
9TH MAIN, 50 FEET ROAD
HANUMANTHANAGAR
BENGALURU - 560 019
REPT. BY ITS SECRETARY.
...RESPONDENT
(BY KUM. SOUMYA, ADVOCATE FOR
SRI. NARAYAN BABU D.N, ADVOCATE)
THIS CRL.RP IS FILED U/S 397 R/W 401 OF CR.PC
K B GEETHA
HC-KAR
Page 2 of 4
(FILED U/S 438 R/W 442 BNSS) PRAYING TO SET ASIDE
THE JUDGMENT PASSED BY THE 1ST APPELLATE COURT IN
CRL.A.NO.1418/2018 PASSED BY THE HONBLE LXI ADDL.
CITY CIVIL AND SESSION JUDGE BENGALURU CITY DATED
01.08.2024 AND TRIAL COURT IN C.C.NO.12772/2024
DATED 29.06.2018 ON THE FILE OF THE HONBLE XXVI
A.C.M.M BENGLURU CITY RESPECTIVELY AND THEREBY
PASS AN ORDER DISMISS THE COMPLAINT FILED BY THE
RESPONDENT HEREIN AND RESULTING IN ACQUITTAL OF
THE PETITIONER AS CONSEQUENCE THEREOF IN THE
FACTS AND CIRCUMSTANCES OF THE CASE.
THESE PETITIONS, COMING ON FOR ADMISSION, THIS
DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MRS. JUSTICE GEETHA K.B.
ORAL ORDER
Learned counsel for the revision petitioners files memo with documents.
2. The memo reads as follows: "The undersigned counsel appearing on behalf of the petitioners most respectfully submits as follows:
1. The petitioners have paid the entire loan amount due and payable in respect of the cheque bounce cases in C.C.No.12701/2014 and C.C.No.12702/2014.
2. Pursuant to the payment of the entire outstanding amount, the office of the respondent has issued a Clearance Certificate dated 30.08.2025, acknowledging that there are no
K B GEETHA
HC-KAR
Page 3 of 4
further dues payable by the petitioners in respect of the said loan.
3. In view of the aforesaid subsequent development and the issuance of the Clearance Certificate by the respondent, there is no subsisting liability on the part of the petitioners towards the respondent. Wherefore, it is most respectfully prayed this Hon'ble Court may be pleased to take this Memo on record and modify the impugned judgments/orders in terms of the prayers made in both the petitions, in the interest of justice and equity."
2. Learned counsel for the respondent-Smt. Soumya appeared through video conference on behalf of Narayan Babu D N would submit that the dispute between parties is amicably settled and the outstanding account of the accused is cleared.
3. In view of submission of both parties, the criminal revision petitions are disposed of in terms of memo.
(GEETHA K.B.) JUDGE
SSD List No.: 2 Sl No.: 8
K B GEETHA
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