https://www.taxtmi.com/caselaws?id=422042 The High Court allowed the revision application, quashed the order of conviction under Section 138 of the Negotiable Instruments Act, and acquitted the accused due to a settlement between the parties. The court emphasized the importance of promoting banking operations' credibility and permitted the accused to withdraw Rs. 4,00,000 as per the settlement terms. The court directed the trial court to release the amount to the applicant after verification, thereby disposing of the application accordingly. en-us Wed, 27 Apr 2022 00:00:00 +0530 Sat, 07 May 2022 06:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422042 The High Court allowed the revision application, quashed the order of conviction under Section 138 of the Negotiable Instruments Act, and acquitted the accused due to a settlement between the parties. The court emphasized the importance of promoting banking operations' credibility and permitted the accused to withdraw Rs. 4,00,000 as per the settlement terms. The court directed the trial court to release the amount to the applicant after verification, thereby disposing of the application accordingly. Case-Laws Indian Laws Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422042