Case Summary
Complaint filed by the finance company against the accused under Section 138 of the Negotiable Instrument Act. The complaint was withdrawn by the complainant as the matter was settled between the parties.
Judgment Outcome
Judgment Favored
Defendant
Relief Granted
Acquittal under Section 257 Cr.P.C.
Case Type
Cheque Dishonour - Section 138 N.I. Act
Final Judgment
No
Key Reasoning:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
The complainant filed an application u/s.257 for withdrawal of the complaint stating that since the matter is settled between the parties, not necessary to proceed with the complaint. Complainant is also present. Petition Allowed. In the result, the accused is acquitted. u/s. 257 Cr.P.C.
Parties Involved
Plaintiffs
Sree Gokulam Chit & Finance Co. Pvt.Ltd. (Age not specified years)
No.66 Arcot Road, Chennai - 24
Defendants
Shijoy E (30 years)
Erukkattil House, Mangalam PO, Tirur - 676 561
Reliefs
Relief Type:
Acquittal
Outcome:
Granted
Description:
Withdrawal of complaint by the complainant resulting in acquittal of the accused under Section 257 Cr.P.C.
Evidence:
The complainant filed an application u/s.257 for withdrawal of the complaint stating that since the matter is settled between the parties, not necessary to proceed with the complaint. Complainant is also present. Petition Allowed. In the result, the accused is acquitted. u/s. 257 Cr.P.C.