IN THE HIGH COURT OF BOMBAY AT GOA CRIMINAL REVISION APPLICATION NO. 50 OF 2010 SHRI. RAMNATH P. D. THAKUR, PRESENTLY IN SUB -JAIL, VASCO-GOA (THROUGH HIS WIFE) ... Petitioner Versus LOKMANYA CO-OPERATIVE CREDIT SOCIETY LIMITED AND ANR., ... Respondents Mr. Deepak Gaonkar, Advocate for Petitioner. Mr. S.H. Bharne, Advocate for Respondent No.1. Coram:- N. A. BRITTO, J. Date:- 30th November, 2010 P.C.: Application and wakalatnama filed are taken on record. 2. Heard Shri Gaonkar, learned Counsel on behalf of the petitioner/accused and Shri Bharne on behalf of respondent no.1/complainant. 3. The compensation of Rs.93,000/- ordered to be paid by the petitioner/accused has been paid, as stated in the application and, therefore, both the parties have filed an application for compounding offence. Application granted. 4. Offence under Section 138 of the Negotiable Instruments Act, 1881 shall stand compounded and petitioner/accused acquitted therefrom. Consequently, the orders dated 31/08/2010 in criminal appeal no.44/2010 confirming the order dated 25/02/2010 of the learned Magistrate are hereby set aside. The petitioner/accused, who is in judicial custody is hereby ordered to be released. Expedite authenticated copy. N. A. BRITTO, J. NH