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2026 DAILYLAW 45044 (KAR)

SRI S RAGHAVENDRA PRASAD v. UDAYA SOUHARDA CREDIT CO OPERATIVE LTD

CRL.RP/1527/2024 · 2026-10-07

Geetha K B

body2026

Judgment text

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- 1 - HC-KAR CNR: KAHC010683322024 NC: 2026:KHC:56262 CRL.RP No. 1551 of 2024 C/W CRL.RP No. 1527 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7TH DAY OF OCTOBER, 2026 BEFORE THE HON'BLE MRS. JUSTICE GEETHA K.B. CRIMINAL REVISION PETITION NO. 1551 OF 2024 C/W CRIMINAL REVISION PETITION NO. 1527 OF 2024 IN CRL.RP No. 1551/2024 BETWEEN: SMT. KAVITHA R W/O S. RAGHAVENDRA PRASAD NOW AGED ABOUT 52 YEARS R/AT NO. 405, 2ND FLOOR, 12TH MAIN, SRINIVASANAGARA BENGALURU - 560 050. …PETITIONER (BY SRI. SRINIVASA, ADVOCATE) AND: UDAYA SOUHARDA CREDIT CO-OPERATIVE LTD., 2ND FLOOR, NO.372, 9TH MAIN, 50 FEET ROAD HANUMANTHANAGAR BENGALURU - 560 019 REPT. BY ITS SECRETARY. AND P.A HOLDER SRIKANTH.G …RESPONDENT (BY KUM. SOUMYA, ADVOCATE FOR SRI. NARAYAN BABU D.N, ADVOCATE) Digitally Signed By: K B GEETHA - 2 - HC-KAR CNR: KAHC010683322024 NC: 2026:KHC:56262 CRL.RP No. 1551 of 2024 C/W CRL.RP No. 1527 of 2024 THIS CRL.RP IS FILED U/S 397 R/W 401 OF CR.P.C (U/S 438 R/W 442 BNSS) PRAYING TO SET ASIDE THE JUDGMENT PASSED BY THE 1st APPELLATE COURT IN CRL.A.NO.1417/2018, PASSED BY THE HONBLE LXI ADDL. CITY CIVIL AND SESSION JUDGE, BENGALURU CITY (CCH-62) DTD 01.08.2024 AND TRIAL COURT IN CC.NO.12771/2014 DTD 29.06.2018 ON THE FILE OF THE HONBLE XXVI ACMM, BENGALURU CITY RESPECTIVELY AND THEREBY PASS AN ORDER DISMISS THE COMPLAINT FILED BY THE RESPONDENT HEREIN AND RESULTING IN ACQUITTAL OF THE PETITIONER AS CONSEQUENCE THEREOF IN THE FACTS AND CIRCUMSTANCES OF THE CASE. IN CRL.RP NO. 1527/2024 BETWEEN: SRI. S. RAGHAVENDRA PRASAD S/O V. SHRINIVAS RAO AGED ABOUT 54 YEARS R/AT NO. 405, 2ND FLOOR, 12TH MAIN, SRINIVASANAGARA BENGALURU - 560 050. ...PETITIONER (BY SRI. SRINIVASA, ADVOCATE) AND: UDAYA SOUHARDA CREDIT CO-OPERATIVE LTD., 2ND FLOOR, NO.372, 9TH MAIN, 50 FEET ROAD HANUMANTHANAGAR BENGALURU - 560 019 REPT. BY ITS SECRETARY. ...RESPONDENT (BY KUM. SOUMYA, ADVOCATE FOR SRI. NARAYAN BABU D.N, ADVOCATE) THIS CRL.RP IS FILED U/S 397 R/W 401 OF CR.PC Digitally Signed By: K B GEETHA - 3 - HC-KAR CNR: KAHC010683322024 NC: 2026:KHC:56262 CRL.RP No. 1551 of 2024 C/W CRL.RP No. 1527 of 2024 (FILED U/S 438 R/W 442 BNSS) PRAYING TO SET ASIDE THE JUDGMENT PASSED BY THE 1ST APPELLATE COURT IN CRL.A.NO.1418/2018 PASSED BY THE HONBLE LXI ADDL. CITY CIVIL AND SESSION JUDGE BENGALURU CITY DATED 01.08.2024 AND TRIAL COURT IN C.C.NO.12772/2024 DATED 29.06.2018 ON THE FILE OF THE HONBLE XXVI A.C.M.M BENGLURU CITY RESPECTIVELY AND THEREBY PASS AN ORDER DISMISS THE COMPLAINT FILED BY THE RESPONDENT HEREIN AND RESULTING IN ACQUITTAL OF THE PETITIONER AS CONSEQUENCE THEREOF IN THE FACTS AND CIRCUMSTANCES OF THE CASE. THESE PETITIONS, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MRS. JUSTICE GEETHA K.B. ORAL ORDER Learned counsel for the revision petitioners files memo with documents. 2. The memo reads as follows: "The undersigned counsel appearing on behalf of the petitioners most respectfully submits as follows: 1. The petitioners have paid the entire loan amount due and payable in respect of the cheque bounce cases in C.C.No.12701/2014 and C.C.No.12702/2014. 2. Pursuant to the payment of the entire outstanding amount, the office of the respondent has issued a Clearance Certificate dated 30.08.2025, acknowledging that there are no Digitally Signed By: K B GEETHA - 4 - HC-KAR CNR: KAHC010683322024 NC: 2026:KHC:56262 CRL.RP No. 1551 of 2024 C/W CRL.RP No. 1527 of 2024 further dues payable by the petitioners in respect of the said loan. 3. In view of the aforesaid subsequent development and the issuance of the Clearance Certificate by the respondent, there is no subsisting liability on the part of the petitioners towards the respondent. Wherefore, it is most respectfully prayed this Hon'ble Court may be pleased to take this Memo on record and modify the impugned judgments/orders in terms of the prayers made in both the petitions, in the interest of justice and equity." 2. Learned counsel for the respondent-Smt. Soumya appeared through video conference on behalf of Narayan Babu D N would submit that the dispute between parties is amicably settled and the outstanding account of the accused is cleared. 3. In view of submission of both parties, the criminal revision petitions are disposed of in terms of memo. (GEETHA K.B.) JUDGE SSD List No.: 2 Sl No.: 8 Digitally Signed By: K B GEETHA