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Issues: (i) Whether the conviction for dishonour of cheque under Section 138 of the Negotiable Instruments Act, 1881 called for interference in revision. (ii) Whether the sentence required modification by limiting imprisonment to the period already undergone with enhancement of the monetary burden.
Issue (i): Whether the conviction for dishonour of cheque under Section 138 of the Negotiable Instruments Act, 1881 called for interference in revision.
Analysis: The cheque, its presentation within time, dishonour for insufficiency of funds, service of statutory notice, and filing of the complaint within the prescribed period stood proved from the oral and documentary evidence. The defence version that the cheque had been left at another person's house and was misused was considered and rejected by both courts below. The statutory presumption under Section 139 operated in favour of the holder of the cheque, and no perversity or legal infirmity was shown in the concurrent findings. In revisional jurisdiction, there was no basis for re-appreciation of evidence in the absence of demonstrable perversity.
Conclusion: The conviction under Section 138 of the Negotiable Instruments Act, 1881 was upheld and no interference was warranted on merits.
Issue (ii): Whether the sentence required modification by limiting imprisonment to the period already undergone with enhancement of the monetary burden.
Analysis: Considering the circumstances and the request for modification, the Court found that the ends of justice would be served by altering the custodial part of the sentence while increasing the financial liability. The original compensation was retained and an additional fine was imposed, to be deposited within the stipulated time, failing which the original sentence would revive.
Conclusion: The sentence was modified by restricting imprisonment to the period already undergone and imposing an additional fine of Rs. 1,00,000 over and above the compensation of Rs. 3,00,000.
Final Conclusion: The conviction was maintained, but the custodial sentence was softened and the monetary component enhanced, with the petition disposed of accordingly.
Ratio Decidendi: Concurrent findings of guilt under Section 138 of the Negotiable Instruments Act, 1881 will not be disturbed in revision absent perversity, and sentence may be modified where the interests of justice are met by adjusting the custodial and monetary components.