A. T. Sivaperumal v. Mohammed Hyath (d) by Lrs.

R. BANUMATHI, J. l. Leave granted. 2. This appeal arises out of the judgment of the HigH Cotirt of Kamataka at Bangalore in Cr!. A. No.895 of2004 in and by which the High Court set aside the acquittal of the appellant and convicted him for D the offence under Section 138 of the Negotiable Instruments Act and imposing a fine ofRs.11,00,000/- (Rupees Eleven Lacs), in default to undergo simple imprisonment for a period of six months. Out of the fine amount, the High Court has directed that a sum of Rs. I 0,50,000/­ (Rupees Ten Lacs Fifty Thousand) be paid as compensation to the legal E representatives of the complainant/Mohammed Hyath. 3. The case of the complainant/Mohammed Hyath is that the appellant/accused borrowed a sum of Rs. I 0,00,000/-(Rupees Ten Lacs), . on 01.01.2002, from him as a loan to develop his A.T.S. Groundnuts Sweets Factory at Bannerghatta Road, Bangalore and undertook to repay it on or before 16.08.2002 with simple interest. Further case of the F complainant is that towards discharge of the said liability, the appellant/ accused issued a cheque for a sum of Rs. I 0,22,419/- dated 14.11.2002 drawn on Karnataka Industrial Co-operative Bank Limited, Bangalore Rural Branch, Chamarajpet, Bangalore. The said cheque, when it was presented for realization, was returned with the endorsement "account G closed". After issuing the statutory notice, the complainant had filed a complaint under Section 138 of the Negotiable Instruments Act in C.C. No.40274/2002 before the XVIII ACMM & XX ASCJ, Bangalore City. 4. The Trial Court by its judgment dated 27 .04.2004 acquitted the appellant/accused on the ground that the complainant has not proved the. A. T. SNAPERUMAL v. MOHAMMED HYATH (D) BY LRS. 671 [R. BANUMATHI, J.] case beyond reasonable doubt as the documentary and also the oral A evidence adduced by the appellant/accused substantiates the defence plea of the accused. Being aggrieved, the said complainant preferred appeal before the High Court in Criminal Appeal No.895 of2004, in and by which the High Court reversed the acquittal and convicted the appellant as aforesaid in paragraph (2). Being aggrieved, the appellant/ B accused is before us in this appeal by way of special leave. 5. When the special leave petition came up for hearing, by order dated 12.05.2011 this Court had granted stay on condition that the appellant herein should deposit an amount ofRs.3,00,000/-(Rupees Three Lacs) before the Trial Court i.e. the Court of Small Causes andACMM, Bangalore, which has been duly complied with. The matter was lingering C on file for quite some time. When the matter came up for hearing today i.e. on 27.03.2017, the son of the appellant, by name Srinivasan, was present in the Court. Respondent No.4/Abdul Kaleem, was present in the Court, who stated that he is representing all the legal representatives of complainant/Mohammed Hyath. We suggested to the parties and to D their counsel whether they can talk to each other to arrive at an amicable settlement, for which both the parties as well as Ms. Lata Krishnamurti and Mr. A.T.M. Sampath, learned counsel appearing for the parties readily agreed. 6. After talking to each other the parties have arrived at a E settlement for a sum of Rs.6,00,000/-(Rupees Six Lacs) including the amount ofRs.3,00,000/-(Rupees Three Lacs) already deposited before the Trial Court. 7. In the result, the impugned judgment of the High Court rendered in Criminal Appeal No.895 of2004 is set aside and this appeal is allowed. F The appellant is acquitted of the charge under Section 138 of the Negotiable Instruments Act. 8. The respondents are permitted to withdraw Rs.3,00,000/­ (Rupees Three Lacs) deposited before the Court of Small Causes arid A.C.M.M. Court, Bangalore forthwith, along with the accrued interest, G on filing necessary application. 9. The appellant is granted three months' time from today to pay · to the respondents a further sum ofRs.3,00,000/- (Rupees Three Lacs) by way of demand draft in favour of Abdul Kaleem. The appellant A (represented by his son) is directed to file affidavit of undertaking to this effect before this Court within a period of one week. On failure to pay the said amount ofRs.3,00,000/- (Rupees Three Lacs) within the time granted, the appellant shall be proceeded with for contempt, in addition to the other proceedings, in accordance with law. B I 0. Pending applications, if any, shall stand disposed of. Ankit Gyan Appeal allowed.·