- 1 - NC: 2025:KHC:7867 CRL.RP No. 1118 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE H.P.SANDESH CRIMINAL REVISION PETITION NO.1118 OF 2021 BETWEEN: 1. M/S. SAHARA SYSTEM TECHNOLOGIES, NO.C-57, NGF INDUSTRIAL AREA, MAHADEVAPURA, BENGALURU-560 048. REP. BY ITS PROPRIETRIX SMT. VIAJAYA. …PETITIONER (BY SRI. D.PRABHAKAR, ADVOCATE) AND: 1. SRI. K.T.ANAND, S/O LATE SRI. THAMMAIAH, AGED ABOUT 46 YEARS, R/AT NO.68, SITE NO.33, 5TH CROSS, DODDANNA INDUSTRIAL ESTATE MAIN ROAD, HEGGANAHALLI, BENGALURU -560 091. …RESPONDENT (BY SRI. MANJUNATH G. KANDEKAR, ADVOCATE) THIS CRL.RP IS FILED UNDER SECTION 397 R/W 401 OF CR.P.C PRAYING TO SET ASIDE THE JUDGMENT AND ORDER DATED 24.06.2020 IN CRL.A.NO.25001/2019, PASSED BY THE HONBLE LXXIII ADDL. CITY CIVIL AND SESSIONS JUDGE, MAYO HALL UNIT, BENGALURU AND ALSO SET ASIDE THE JUDGMENT AND SENTENCE DATED 01.12.2018 IN C.C.NO.50603/2015 PASSED BY THE HON’BLE LVIII A.C.M.M., MAYO HALL UNIT, BENGALURU. Digitally signed by DEVIKA M Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:7867 CRL.RP No. 1118 of 2021 THIS PETITION COMING ON FOR REPORTING SETTLEMENT THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE H.P.SANDESH ORAL ORDER The petitioner and the respondent are present before the Court. Both of them have filed an application under Section 147 of the Negotiable Instruments Act (‘NI Act’ for short) and the same is signed by both the petitioner and the respondent. The parties have settled the dispute for an amount of Rs.1 lakh towards full and final settlement though there is an order of the Trial Court to pay an amount of Rs.1,55,000/-. In terms of the settlement, the petitioner has paid an amount of Rs.1 lakh before the Court in favour of the respondent and the respondent acknowledges the receipt of the same. 2. In terms of the settlement, the application is allowed and the petitioner is acquitted for the offence punishable under Section 138 of the NI Act, subject to the petitioner depositing the fine amount of Rs.5,000/- before the Trial Court within one week from today. The petitioner is directed to produce the receipt before this Court for having deposited the fine amount of Rs.5,000/- within ten days from today. If the receipt is not produced before this Court within the stipulated time, list the - 3 - NC: 2025:KHC:7867 CRL.RP No. 1118 of 2021 matter on 10.03.2025. If the receipt is produced no need to put up the same. 3. The criminal revision petition is disposed of in terms of the compromise. Sd/- (H.P.SANDESH) JUDGE MD List No.: 1 Sl No.: 56