901 CRMA 126 2026 vinita IN THE HIGH COURT OF BOMBAY AT GOA CRIMINAL MISC. APPLICATION NO.126 OF 2026 WITH CRIMINAL REVISION APPLICATION NO.396 OF 2025 (F), CRIMINAL MISC. APPLICATION NO.398 OF 2025 (F) CRIMINAL MISC. APPLICATION NO.126 OF 2026 DILIP GANESH NAIK ... APPLICANT Versus THE GOKUL URBAN CO-OPERATIVE CREDIT SOCIETY LTD THR ITS AUTH. OFFICER AND ANR ... RESPONDENTS WITH CRIMINAL REVISION APPLICATION NO.396 OF 2025 (F) DILIP GANESH NAIK ... APPLICANT Versus THE GOKUL URBAN CO-OPERATIVE CREDIT SOCIETY LTD THR ITS AUTH OFFICER SADASHIV VALVALKAR AND ANR ... RESPONDENTS WITH CRIMINAL MISC. APPLICATION NO.398 OF 2025 (F) DILIP GANESH NAIK ... APPLICANT Versus THE GOKUL URBAN CO-OPERATIVE CREDIT SOCIETY LTD REP BY ITS AUTH OFFICER AND ANR ... RESPONDENTS Mr. Ashay Priolkar, Advocate for the Applicant. Applicant present in Court. Mr. Prabodh C. Modak, Recovery Officer, of Gokul Urban Co-operative Credit Society Limited present. Mr Gaurish Nagvenkar, Addl. Public Prosecutor for the State. CORAM:- AMIT S. JAMSANDEKAR, J. DATED :- 28th September, 2026 P.C. 28th September, 2026 2026:BHC-GOA:1926 901 CRMA 126 2026 Heard Mr A. Priolkar, learned Counsel for the Applicant. 2. It is submitted that the Applicant has paid the entire compensation amount to the Respondent No.1. 3. The representative of the Respondent No.1 Mr Prabodh Modak, Recovery Officer, is personally present in Court and confirms that Respondent No.1 Society has received the entire compensation amount from the Applicant. 4. In view thereof, Society has no objection if the offence committed by the Applicant under Section 138 of the Negotiable Instruments Act is compounded. 5. In view thereof, the judgment and order dated 30.1.2023 passed by the Judicial Magistrate, First Class, Ponda in Criminal Case No.708/OA/NIA/2019/A and the judgment and order dated 13.9.2023 passed by the learned Additional Sessions Judge, Ponda in Criminal Appeal No. 78/2023 are quashed and set aside. Consequently, the offence committed by the Applicant under Section 138 of the Negotiable Instruments Act stands compounded. The Applicant shall pay costs of Rs.22000/- to the Goa State Legal Services Authority within a period of two weeks from today. 6. Criminal Revision Application stands disposed of. Pending Applications, if any, stand disposed of. 7. Stand over to 12.10.2026 for compliance. 8. This order will be digitally signed by the Private Secretary/Personal Assistant of this Court. All concerned will act on production by fax or email of a digitally signed copy of this 28th September, 2026 901 CRMA 126 2026 order. AMIT S. JAMSANDEKAR, J. 28th September, 2026 Signed by: VINITA VIKAS NAIK Designation: Private Secretary Date: 29/09/2026 10:38:13