Madras High Court
CRL RC/1713/2026 of M/s.Sri Amman Steels Vs M/s.Jaith Steels on 23 September 2026
CRL.R.C.No.1713 of 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 23-09-2026
CORAM
THE HON'BLE MR.JUSTICE SUNDER MOHAN
CRL RC No. 1713 of 2026
CNR: {HCMA011422292025}
1. M/s.Sri Amman Steels
Represented by Proprietor
K.Ganeshamurthy,
No.2/486-A, Vasanthapuram,
Madurai Road,
Paramakudi.
2. K.Ganeshamurthy
..Petitioner(s)
Vs
M/s.Jaith Steels
No.45/24, Venkatamaistry Street,
G Block, 2nd Floor, Mannady,
Chennai - 600 001.
Represented by its partner
N.Akbar Ali, S/o.Nagoor Meeran,
No.19-A, Siivaprakasam Street,
Thennur, Trichy - 17.
..Respondent(s)
Prayer: Revision filed under Sections 438(1) r/w 442 of the BNSS and Section 397(1) r/w 401 of Cr.P.C., to set aside the Judgment dated 26.11.2024 passed by the VI Additional Sessions Judge, Chennai in Criminal Appeal No.628 of 2023 confirming the Judgment dated 18.05.2023 passed by the Metropolitan Magistrate, Fast Track Court - IV, George Town, Chennai in C.C.No.1249 of 2017.
For Petitioner(s):
Mr.S.I.Sharukumar
For Respondent(s):
Mr.V.Subramainan
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CRL.R.C.No.1713 of 2026
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ORDER
The petitioners have preferred the above revision challenging the judgment passed by the learned VI Additional Sessions Judge, Chennai, in Crl.A.No.628 of 2023 dated 26.11.2024, confirming the judgment of the learned Metropolitan Magistrate, Fast Track Court - IV, George Town, Chennai, in C.C.No.1249 of 2017 dated 18.05.2023, convicting the petitioners for the offence under Section 138 of the Negotiable Instruments Act, 1881.
2. Heard learned counsel for the respondent.
3. It is submitted by the learned counsel for the petitioner that pending the Revision, the parties have entered into a compromise and have filed the joint compromise memo dated 06.02.2026 entered into between them.
4. As per the said joint compromise memo, the respondent has agreed to receive Rs.8,26,467/- (Rupees Eight Lakhs Twenty Six Thousand Four Hundred and Sixty Seven Only) in full and final settlement of all his claims.
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CRL.R.C.No.1713 of 2026
5. The learned counsel for the petitioner would submit that the respondent has already received a sum of Rs.6,00,000/- (Rupees Six Lakhs Only) and it is reported that the petitioner has deposited Rs.2,26,467/- (Rupees Two Lakhs Twenty Six Thousand Four Hundred and Sixty Seven Only) to the credit of C.C.No.1249 of 2017 before the Trial Court, pursuant to the order dated 20.10.2023 passed by the Principal District and Sessions Court, Chennai, in Crl.M.P.No.27266 of 2023.
6. The respondent is permitted to withdraw the sum of Rs.2,26,467/- (Rupees Two Lakhs Twenty Six Thousand Four Hundred and Sixty Seven Only) deposited by the petitioner.
7. The joint compromise memo dated 06.02.2026, signed by the petitioners, the respondent, and their counsels, is taken on record and shall be treated as a part and parcel of this order.
8. In view of the joint compromise memo and considering the nature of the offence, this Court permits the parties to compound the offence. Accordingly, the impugned judgment passed by the learned VI Additional Sessions Judge, Chennai, in Crl.A.No.628 of 2023 dated 26.11.2024, confirming the judgment of the learned Metropolitan Magistrate, Fast Track Court - IV, George Town, Chennai, in C.C.No.1249 of 2017 dated 18.05.2023, is hereby set aside. The Criminal Revision
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CRL.R.C.No.1713 of 2026
Case is allowed in terms of the above joint compromise memo, and the petitioners are acquitted of the offence under Section 138 of the Negotiable Instruments Act, 1881. The fine amount, if any, paid by the petitioners shall be refunded. The bail bond, if any, executed shall stand discharged. Consequently, Crl.M.P.No.17396 of 2026 is closed. 23-09-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No (drm)
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CRL.R.C.No.1713 of 2026
To:
1. The VI Additional Sessions Judge, Chennai.
2. The Metropolitan Magistrate, Fast Track Court - IV, George Town, Chennai.
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CRL.R.C.No.1713 of 2026
SUNDER MOHAN, J. (drm) CRL.R.C.No.1713 of 2026 23-09-2026
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