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of <h1>Compromise deed accepted in Criminal Revision Petition challenging conviction under Section 138 NI Act</h1> <h3>Neeru Sood Versus Smt. Usha Goel and Another</h3> Neeru Sood Versus Smt. Usha Goel and Another - TMI Issues involved:Challenge to judgment of conviction under Section 138 of the Negotiable Instruments Act.Analysis:The case involved a Criminal Revision Petition challenging a judgment of conviction under Section 138 of the Negotiable Instruments Act. The petitioner-accused was convicted and sentenced to six months of simple imprisonment and a compensation of Rs. 4,00,000 to the complainant by the trial court. The appeal against this judgment was dismissed by the Additional Sessions Judge, leading to the petitioner approaching the High Court seeking acquittal.The complainant alleged that the accused issued a cheque for Rs. 3,00,000 which was dishonored due to insufficient funds. The trial court found the accused guilty based on the evidence presented and passed the conviction and sentence. However, during the proceedings in the High Court, a compromise deed was presented between the parties, indicating an amicable settlement. The parties agreed that the entire cheque amount had been paid to the complainant, leading to a request for acquittal of the accused.Both parties acknowledged the compromise and expressed no objection to quashing the conviction and sentence. The High Court, in line with the law laid down by the Apex Court, accepted the compromise and ordered the compounding of the offense under Section 138 of the Act. The judgments of the lower courts were quashed, and the petitioner-accused was acquitted of the charge. The bail bonds of the accused were ordered to be discharged, and the trial court was directed to release the deposited amount to the complainant upon application.In conclusion, the High Court allowed the petition, disposed of all pending applications, and ordered the compounding of the offense, resulting in the acquittal of the accused and discharge of bail bonds.
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