Supreme Court · 2023 INSC 93 · Decided 1 February 2023

B V Seshaiah v. The State of Telangana & Anr

Court
Supreme Court of India
Citation
2023 INSC 93 · [2023] 2 S.C.R. 293
Case number
CRIMINAL APPEAL No. 284/2023
Decided
1 February 2023
Bench
KRISHNA MURARI, V. RAMASUBRAMANIAN (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Criminal
Acts & sections cited
Arbitration Act; NI Act Section 138

Headnote

Negotiable Instruments Act, 1881 - s.138 - Conviction of the Appellants - Revision filed before High Court - Meanwhile, the parties entered into a Memorandum of Understanding (MoU) to settle the dispute, in terms thereof Respondent No.2 was bound to file a compromise Court, however he failed to do so - Revision dismissed by High Court, conviction of the Appellants confirmed - On appeal, held: This is a very clear case of the parties entering into an agreement and compounding the offence to save themselves from the process of litigation -

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