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2025 DAILYLAW 14446 (KAR)

RAVINDRA RATOLIKAR v. M/S. NEO GROWTH CREDIT PVT.LTD.,

CRL.P/740/2025 · 2025-01-25

S R Krishna Kumar

body2025

Judgment text

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- 1 - NC: 2025:KHC:3317 CRL.P No. 740 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF JANUARY, 2025 BEFORE THE HON'BLE MR JUSTICE S.R.KRISHNA KUMAR CRIMINAL PETITION NO. 740 OF 2025 BETWEEN: RAVINDRA RATOLIKAR, S/OLAXMIKANTH RATOLIKAR, AGED ABOUT 62 YEARS, OCC:DOCTOR, R/AT FLAT NO -102, HIMA VENKAT SHANTHI APARTMENTS, 3-4-362 TO 365, LINGAMPALLI, HYDERABAD, TELANGANA - 500 027. …PETITIONER (BY SRI SHATHABISH SHIVANNA, ADVOCATE) AND: M/S. NEO GROWTH CREDIT PVT. LTD., HAVING ITS REGISTERED OFFICE AT 802, TOWER A, PENINSSULA BUSINESS PARK, GANPATRAO KADAM MARG, MUMBAI - 400 013. AND REGIONAL OFFICE NO. 14, LANGFORD AVENUE, NEAR UDUPI UPACHAR, BANGALORE-560 027. REP. BY ITS LEGAL MANAGER, MR RAJESH G E, CONTACT NO: 9844545148 MAIL ID -rajesh.g3@neogrowth.in …RESPONDENT THIS CRL.P IS FILED U/S 482 CR.PC (FILED U/S 528 BNSS) TO QUASH THE ENTIRE PROCEEDINGS IN Digitally signed by NANDINI R Location: High Court of Karnataka - 2 - NC: 2025:KHC:3317 CRL.P No. 740 of 2025 C.C.NO.7983/2022 PENDING ON THE FILE OF X A.S.C.J AND A.C.J.M AT BENGALURU CITY FOR THE OFFENCE P/U/S 138 OF N.I ACT. THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE S.R.KRISHNA KUMAR ORAL ORDER "It is most respectfully prayed that this Hon'ble Court be pleased to call for records and quash the entire proceedings in C.C No. 7983/2022 pending on the file of the X ASCJ and ACJM at Bangalore City for the offences punishable under Section 138 of the Negotiable Instruments Act, 1881, in the interest of justice." 2. After arguing the matter for sometime, learned counsel for petitioner submits on instructions that the petition may be disposed of reserving liberty in favour of the petitioner to urge all contentions including the contentions urged in the present petition in the proceedings in C.C.No.7983/2022, which is now pending before the learned Magistrate. 3. The submission is placed on record. - 3 - NC: 2025:KHC:3317 CRL.P No. 740 of 2025 4. The petition is disposed of reserving liberty to the petitioner to urge all contentions including the contentions urged in the present petition in C.C.No.7983/2022. All rival contentions in all aspects of the matter including the contentions urged in the present petition are kept open and no opinion is expressed on the same. Sd/- (S.R.KRISHNA KUMAR) JUDGE NP List No.: 1 Sl No.: 18