- 1 - HC-KAR CNR: KAHC010133682023 NC: 2026:KHC:36232 CRL.RP No. 304 of 2023 C/W CRL.RP No. 624 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE H.P.SANDESH CRIMINAL REVISION PETITION NO.304 OF 2023 C/W CRIMINAL REVISION PETITION NO.624 OF 2024 IN CRL.R.P NO.304/2023: BETWEEN: 1. MR. N. THYAGARAJULU, S/O N. MUNASWAMY, AGED ABOUT 42 YEARS, DEPUTY MANAGER, DEVELOPMENT OFFICER, MARGADARSHI CHITS (K) PVT. LTD., NO.366, 1ST FLOOR, K.M.P. ARCADE, R.T. NAGAR, BENGALURU-560032. NOW R/AT NO.2/21, 1ST FLOOR, 2ND MAIN ROAD, CHAMUNDESHWARI LAYOUT, BENGALURU-560097. …PETITIONER (BY SRI. JAYAKUMARA P.P., ADVOCATE) AND: 1. MR. SRINIVAS RAO KATTRAGADDA, S/O MR. PAPA RAO, AGED ABOUT 45 YEARS, FLAT NO.202, HOUSE NO.1, SRI VAISHNAVI RESIDENCY, Digitally signed by DEVIKA M Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010133682023 NC: 2026:KHC:36232 CRL.RP No. 304 of 2023 C/W CRL.RP No. 624 of 2024 SILVER SPRING ROAD, BEHIND YASHOMATI HOSPITAL, MUNNENAKOLALA, MARUTHALLI, BENGALURU NORTH, MARUTHALLI COLONY, BENGALURU-560038. …RESPONDENT (BY SRI. VINOD REDDY V., ADVOCATE) THIS CRL.RP IS FILED UNDER SECTION 397 R/W 401 OF CR.P.C PRAYING TO SET ASIDE THE JUDGMENT/ORDER DATED 13.09.2021 AND AN ORDER OF CONVICTION SENTENCE PASSED BY THE XXXIV ADDL. CHIEF METROPOLITAN MAGISTRATE, MAYO HALL UNIT AT BENGALURU IN C.C.NO.59260/2018 AND ALSO SET ASIDE THE JUDGEMENT WHICH IS CONFIRMED BY THE LXXII ADDL. CITY CIVIL AND SESSIONS JUDGE(CCH-73) IN CRIMINAL APPEAL NO.25175/2021, DATED 13.12.2022 BY ALLOWING THE PRESENT CRIMINAL REVISION PETITION. IN CRL.R.P NO.624/2024: BETWEEN: 1. MR. N. THYAGARAJULU, S/O N. MUNASWAMY, AGED ABOUT 44 YEARS, DEPUTY MANAGER, DEVELOPMENT OFFICER, MARGADARSI CHITS (K) PVT LTD., NO.366, 1ST FLOOR, K.M.P. ARCADE, R.T. NAGAR, BENGALURU-560032 NOW R/AT NO.2/21, 1ST FLOOR, 2ND MAIN ROAD, CHAMUNDESHWARI LAYOUT, BENGALURU-560 097. ...PETITIONER (BY SRI. JAYAKUMARA P.P., ADVOCATE) - 3 - HC-KAR CNR: KAHC010133682023 NC: 2026:KHC:36232 CRL.RP No. 304 of 2023 C/W CRL.RP No. 624 of 2024 AND: 1. MR. SRINIVAS RAO KATTRAGADDA, S/O MR. PAPA RAO, AGED ABOUT 48 YEARS, FLAT NO.202, HOUSE NO.1, SRI VAISHNAVI RESIDENCY, SILVER SPRING ROAD, BEHIND YASHOMATI HOSPITAL, MUNNENAKOLALA, MARUTHALLI, BENGALURU NORTH, MARUTHALLI COLONY, BENGALURU-560038. ...RESPONDENT (BY SRI. VINOD REDDY V., ADVOCATE) THIS CRL.RP IS FILED UNDER SECTION 397 R/W 401 OF CR.P.C PRAYING TO SET ASIDE THE ORDER DATED 04.03.2024 IN CRL.A.NO.25176/2021 ON THE FILE OF HONBLE LXXIII ADDL. CITY CIVIL AND SESSIONS JUDGE (CCH-74) (ANNEXURE-A) AND TO SET ASIDE THE JUDGMENT / ORDER DATED 13.09.2021 AND AN ORDER OF CONVICTION SENTENCE PASSED BY THE XXXIV ADDL. CMM, MAYO HALL UNIT AT BENGALURU IN C.C.NO.59261/2018 BY ALLOWING THIS REVISION PETITION (ANNEXURE-B). THESE PETITIONS COMING ON FOR REPORTING SETTLEMENT THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 4 - HC-KAR CNR: KAHC010133682023 NC: 2026:KHC:36232 CRL.RP No. 304 of 2023 C/W CRL.RP No. 624 of 2024 CORAM: HON'BLE MR. JUSTICE H.P.SANDESH ORAL ORDER This Court had earlier heard the matter and even dictated some portion of the order and at that juncture, the learned counsel for the revision petitioner made the submission that going to settle the matter. 2. Today the matter is settled for an amount of Rs.5,25,000/-. The revision petitioner has already deposited an amount of Rs.3,00,000/-, inclusive of the fine amount of Rs.7,500/-, before the Trial Court. Out of Rs.3,00,000/-, the Trial Court is directed to release an amount of Rs.2,92,500/- in favour of the respondent/complainant, on proper identification. Today the revision petitioner has made the payment of Rs.2,32,500/- and the same is towards the full and final settlement. 3. In view of the settlement arrived between the parties, these two revision petitions are disposed of. The revision petitioner/accused is acquitted for the offence punishable under Section 138 of the Negotiable Instruments Act. The revision petitioner is directed to deposit the amount of - 5 - HC-KAR CNR: KAHC010133682023 NC: 2026:KHC:36232 CRL.RP No. 304 of 2023 C/W CRL.RP No. 624 of 2024 Rs.2,500/- before the Trial Court within two weeks from today and place on record the receipt for having deposited the same within three weeks. If the same is not paid, list this matter before the Court on 05.08.2026. Sd/- (H.P.SANDESH) JUDGE MD List No.: 1 Sl No.: 53