Madras High Court
CRL RC/1893/2023 of R.PAULRAJ Vs M/S.SREE GOKULAM CHIT AND FINANCE PVT LTD on 28 September 2026
CRL RC No. 1893 of 2023
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 28-09-2026
CORAM
THE HON'BLE MR.JUSTICE SUNDER MOHAN
CRL RC No. 1893 of 2023
CNR: {HCMA011915762023}
R.Paulraj
..Petitioner(s)
Vs
M/s.Sree Gokulam Chit & Finance Pvt Ltd., Managing Director and Foreman Rep by. Power Agent, R.Harikrishnan, 100 feet road, 7th Street, Sree Gokulam Towers, Gandhipuram, Coimbatore - 641 012.
..Respondent(s)
Prayer: The Criminal Revision Petition is field under Section 397 r/w 401 of Cr.P.C., to call for the entire records connected with order dated 25.09.2023 of the learned IV Additional District and Sessions Judge of Coimbatore dismissing the Criminal Appeal in C.A.No.493 of 2018 and confirming the judgement dated 16.10.2018 of conviction and sentence passed in C.C.No.397 of 2017 by the learned Judicial Magistrate - II, Coimbatore and set aside the same.
For Petitioner(s):
Mr.S.Sathia Chandran
For Respondent(s):
Mr.L.Rajasekar
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ORDER
The petitioner has preferred the above revision challenging the judgment passed by the learned IV Additional District and Sessions Judge of Coimbatore, in C.A.No.493 of 2018 dated 25.09.2023; confirming the judgment of the
CRL RC No. 1893 of 2023
learned Magistrate convicting the petitioner for the offence under Section 138 of the Negotiable Instruments Act, and sentenced him to undergo six months Simple Imprisonment and to pay a sum of Rs.2,43,546/- along with interest at the rate of 6% from the date of cheque payable as compensation to the respondent, in default, to undergo three months simple imprisonment.
2. Pending the Revision, the parties have entered into a compromise and have filed the compromise memo entered into between them.
3. As per the said compromise memo, the respondent has agreed to receive Rs.4,00,000/- (Rupees Four Lakhs only) in full and final settlement of all its claims.
4. The authorised representative of the respondent company is present and he would submit that the respondent has received the entire amount of Rs.4,00,000/- as stated in the compromise memo.
5. The compromise memo is taken on record and shall be treated as a part and parcel of this order.
6. In view of the compromise memo and considering the nature of the offence, this Court permits the parties to compound the offence. Accordingly,
CRL RC No. 1893 of 2023
the judgment of conviction passed by the learned IV Additional District and Sessions Judge of Coimbatore, in C.A.No.493 of 2018 dated 25.09.2023, confirming the judgment of conviction and sentence dated 16.10.2018 passed by the learned Judicial Magistrate-II, Coimbatore, in CC.No.397 of 2017, are hereby set aside. The Criminal Revision Case is allowed in terms of the above compromise memo and the petitioner is acquitted of the offence under Section 138 of the Negotiable Instruments Act. The fine amount, if any, paid by the petitioner shall be refunded. The bail bond, if any, executed shall stand discharged. 28-09-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No TSG
1. The IV Additional District and Sessions Judge of Coimbatore.
2. The Judicial Magistrate-II, Coimbatore.
CRL RC No. 1893 of 2023
SUNDER MOHAN, J. TSG CRL RC No. 1893 of 2023 28-09-2026