- 1 - HC-KAR CNR: KAHC010276972026 NC: 2026:KHC:39179 CRL.RP No. 644 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 28TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE H.P.SANDESH CRIMINAL REVISION PETITION NO.644 OF 2026 BETWEEN: 1. M/S. SHREE VATSA TECHNOLOGIES II FLOOR, SRI RAM BUILDING KOTTARA CHOWKI, DEREBAIL MANGALURU-575 006 REP. BY M.D. H.SANDEEP SHENOY. 2. H. SANDEEP SHENOY S/O. H. ROHINDAS SHENOY NO.50533, HADIMANE ATTURU CHURCH ROAD UDUPI, KARKALA TALUK-574 104. …PETITIONERS (BY SMT. VINITHA P.C., ADVOCATE) AND: 1. CORPORATION BANK A COMPANY REGISTERED UNDER THE INDIAN COMPANIES ACT 1913 CARRYING THE BANK BUSINESS HAVING MANY BRANCHES AND ONE OF THE BRANCHES AT BEJAI, MANGALURU REPRESENTED BY ITS DULY AUTHORIZED OFFICER AND PRESENT BRANCH MANAGER Digitally signed by DEVIKA M Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010276972026 NC: 2026:KHC:39179 CRL.RP No. 644 of 2026 KUSHALAPPA NAIK N S/O. MAHALINGA NAIK AGED ABOUT 55 YEARS …RESPONDENT (BY SRI. VINAY BHAT., ADVOCATE) THIS CRL.RP IS FILED UNDER SECTION 397 R/W 401 OF CR.P.C PRAYING TO SET ASIDE THE ORDER DATED 03.01.2026 PASSED BY THE II ADDL. DISTRICT AND SESSIONS JUDGE, D.K.,MANGALURU, IN CRL.A NO.221/2024 AND ORDER DATED 21.08.2024 PASSED BY THE JMFC IX COURT, MANGALURU D.K. IN CC NO.317/2024 AND ACQUIT THE PETITIONERS. THIS PETITION COMING ON FOR ADMISSION THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE H.P.SANDESH ORAL ORDER The petitioner No.2 is present before this Court and also files an undertaking affidavit before this Court that he would deposit the balance amount of Rs.2,02,000/- before the Trial Court. 2. In view of the said undertaking affidavit given by revision petitioner No.2, he is acquitted for the offence under Section 138 of N.I. Act, subject to depositing balance amount of Rs.2,02,000/- before the Trial Court by 25.08.2026. - 3 - HC-KAR CNR: KAHC010276972026 NC: 2026:KHC:39179 CRL.RP No. 644 of 2026 3. On deposit of entire amount of Rs.4,04,000/-, the respondent-Bank is given liberty to withdraw the amount of Rs.4,00,000/- and remaining amount of Rs.4,000/- shall vest with the State as ordered by the Trial Court. 4. In view of the undertaking affidavit filed by revision petitioner No.2, the revision petition stands disposed of. Sd/- (H.P.SANDESH) JUDGE ST List No.: 1 Sl No.: 46