IN THE HIGH COURT OF BOMBAY AT GOA CRIMINAL REVISION APPLICATION NO. 44 OF 2009 M/S. RAJNIL LAND DEVELOPERS PVT LTD AND 2 ORS., ... Petitioners Versus MR. DAULATRAO YESHWANTRAO CHOWGULE AND ANR., ... Respondents Mr. Siddesh Shet, Advocate for the petitioners. Mr V. A. Lawande for respondent no.1. Coram:- U. D. SALVI, J. Date:- 10th November, 2009 P.C. Heard. 2. Perused the application for compounding the criminal revision application and the records annexed there with. Parties are present before the Court and they admit and acknowledge the settlement of the issues involved in this revision application fully and finally as per the statements made in the application for compounding the offences. Permission is granted to compound criminal case no.1433/OA/NI/06/A filed before the Judicial Magistrate First Class, Vasco-da-gama interms of settlement made in the application for compounding the offence. 3. In view of the settlement between the parties, the petitioner M/s Rajnil Land Development Pvt. Ltd., and its directors, petitioner no. 2 Rajesh Neurekar and no.3 Vijaylaxmi R. Neurekar, the accused, in the said criminal case are acquitted of the offence punishable under section 138 of Negotiable Instruments Act. Order of conviction and sentence passed by the Learned JMFC, Vasco-da-gama is set aside. Bail bond of the accused stands cancelled. 4. Permission is granted to the respondent no. 1, complainant Daulatrao to withdraw the amounts deposited by the petitioners in this Court as well as in the JMFC, Vasco-da-gama. 5. Criminal Revision application stands disposed off accordingly. U. D. SALVI, J. vn