Karnataka High Court
CRL.RP/644/2026 of M/S SHREE VATSA TECHNOLOGIES Vs CORPORATION BANK on 28 July 2026
CNR: KAHC010276972026 NC: 2026:KHC:39179 CRL.RP No. 644 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 28TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE H.P.SANDESH CRIMINAL REVISION PETITION NO.644 OF 2026 BETWEEN: 1. M/S. SHREE VATSA TECHNOLOGIES II FLOOR, SRI RAM
HC-KAR
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 28TH DAY OF JULY, 2026
BEFORE
THE HON'BLE MR. JUSTICE H.P.SANDESH
CRIMINAL REVISION PETITION NO.644 OF 2026
BETWEEN:
1.
M/S. SHREE VATSA TECHNOLOGIES
II FLOOR, SRI RAM BUILDING
KOTTARA CHOWKI, DEREBAIL
MANGALURU-575 006
REP. BY M.D.
H.SANDEEP SHENOY.
2.
H. SANDEEP SHENOY
S/O. H. ROHINDAS SHENOY
NO.50533, HADIMANE
ATTURU CHURCH ROAD
UDUPI, KARKALA TALUK-574 104.
…PETITIONERS
(BY SMT. VINITHA P.C., ADVOCATE)
AND:
1.
CORPORATION BANK
A COMPANY REGISTERED UNDER THE
INDIAN COMPANIES ACT 1913
CARRYING THE BANK BUSINESS
HAVING MANY BRANCHES AND
ONE OF THE BRANCHES
AT BEJAI, MANGALURU
REPRESENTED BY ITS DULY
AUTHORIZED OFFICER AND
PRESENT BRANCH MANAGER
Digitally signed
by DEVIKA M
Location: HIGH
COURT OF
KARNATAKA
HC-KAR
KUSHALAPPA NAIK N
S/O. MAHALINGA NAIK
AGED ABOUT 55 YEARS
…RESPONDENT
(BY SRI. VINAY BHAT., ADVOCATE)
THIS CRL.RP IS FILED UNDER SECTION 397 R/W 401 OF
CR.P.C PRAYING TO SET ASIDE THE ORDER DATED 03.01.2026
PASSED BY THE II ADDL. DISTRICT AND SESSIONS JUDGE, D.K.,MANGALURU, IN CRL.A NO.221/2024 AND ORDER DATED
21.08.2024 PASSED BY THE JMFC IX COURT, MANGALURU D.K.
IN CC NO.317/2024 AND ACQUIT THE PETITIONERS.
THIS PETITION COMING ON FOR ADMISSION THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE H.P.SANDESH
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ORAL ORDER
The petitioner No.2 is present before this Court and also files an undertaking affidavit before this Court that he would deposit the balance amount of Rs.2,02,000/- before the Trial Court.
2. In view of the said undertaking affidavit given by revision petitioner No.2, he is acquitted for the offence under Section 138 of N.I. Act, subject to depositing balance amount of Rs.2,02,000/- before the Trial Court by 25.08.2026.
HC-KAR
3. On deposit of entire amount of Rs.4,04,000/-, the respondent-Bank is given liberty to withdraw the amount of Rs.4,00,000/- and remaining amount of Rs.4,000/- shall vest with the State as ordered by the Trial Court.
4. In view of the undertaking affidavit filed by revision petitioner No.2, the revision petition stands disposed of.
Sd/- (H.P.SANDESH) JUDGE
ST List No.: 1 Sl No.: 46