Karnataka High Court

CRL.RP/477/2024 of M/S SREE GOWRI GANESHAA CHITS PVT LTD Vs MP IYYAPPA on 10 July 2026

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NC: 2026:KHC:35053 CRL.RP No. 477 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE H.P.SANDESH CRIMINAL REVISION PETITION NO.477 OF 2024 BETWEEN: 1. M/S. SREE GOWRI GANESHAA CHITS PVT. LTD., OFFICE AT NO.307, 1ST FLOOR,

HC-KAR

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 10TH DAY OF JULY, 2026

BEFORE

THE HON'BLE MR. JUSTICE H.P.SANDESH

CRIMINAL REVISION PETITION NO.477 OF 2024

BETWEEN:

1.

M/S. SREE GOWRI GANESHAA CHITS PVT. LTD., OFFICE AT NO.307, 1ST FLOOR, 7TH CROSS, 2ND MAIN RAOD, DOMLUR LAYOUT, BANGALORE-560 71

REPRESENTED BY ITS MANAGING DIRECTOR

M LOKESH REDDY

S/O MUNIYAPPA,

AGED ABOUT 55 YEARS,

AND SAVITHA LOKESH REDDY

DIRECTOR.

…PETITIONER

(BY SRI. V.B. RAVISHANKAR, ADVOCATE)

AND:

1.

MP IYYAPPA,

S/O PARTHASARATHY,

AGED ABOUT 54 YEARS,

R/AT NO.133, 1ST STAGE,

6TH PHASE, 7TH CROSS,

MAHAGANAPATHI NAGAR,

WEST OF CHORD NAGAR

BANGALORE-560010.

…RESPONDENT

(BY SRI. RAJAGOPALA NAIDU, ADVOCATE)

Digitally signed

by DEVIKA M

Location: HIGH

COURT OF

KARNATAKA

HC-KAR

THIS CRL.RP IS FILED UNDER SECTION 397 R/W 401 OF

CR.P.C PRAYING TO SET ASIDE THE JUDGMENT AND ORDER

DATED 23.08.2023 PASSED BY THE LX ADDITIONAL CITY CIVIL

AND

SESSIONS

JUDGE,

BENGALURU

(CCH-61)

IN

CRL.A.NO.884/2021 (VIDE ANNEXURE A) AND CONSEQUENTLY

SET ASIDE THE JUDGMENT AND ORDER PASSED BY THE IV

ADDITIONAL SMALL CAUSES JUDGE AND ACMM (SCCH-6) IN

C.C.NO.5644/2019 FOR THE OFFENCE PUNISHABLE UNDER

SECTION 138 OF NI ACT (VIDE ANNEXURE B).

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 learned counsel for the revision petitioner has rendered the amount of Rs.2,30,000/- before the Court and the same is acknowledged by the learned counsel for the respondent. The learned counsel for the revision petitioner submits that the entire amount of Rs.4,51,650/- is paid with additional amount of Rs.10,000/- and the same is not disputed by the learned counsel for the respondent.

2. The amount in deposit is ordered to be released in favour of the respondent/complainant, on proper identification. In view of payment of the amount, the revision petitioner/accused is acquitted for the offence punishable under Section 138 of the Negotiable Instruments Act. The revision

HC-KAR

petitioner is directed to deposit the amount of Rs.5,000/- towards fine before the Trial Court within two weeks from today.

3. Accordingly, the revision petition is disposed of.

Sd/- (H.P.SANDESH) JUDGE

MD List No.: 1 Sl No.: 22

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