Crl. Revision No. 429 of 2005 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Crl. Revision No. 429 of 2005. Date of Decision : 19.1.2011. Gurpreet Singh ...... Petitioner Versus Balwinder Singh ......Respondent CORAM : HON'BLE MR. JUSTICE NAWAB SINGH Present: None for the petitioner. None for the respondent. NAWAB SINGH J.(ORAL) This revision is directed against the judgment dated February 11th, 2005 passed by Additional Sessions Judge, (Fast Track Court), Ferozepur upholding the judgment of conviction and order of sentence dated May 8th, 2003 of Chief Judicila Magistrate, Ferozepur, whereby, petitioner was convicted for the offence punishable under Section 138 of Negotiable Instrument Act (for short 'N.I.Act') and sentenced to undergo rigorous imprisonment for a period of one year and to pay fine of Rs.5000/- with default stipulation. 2. During pendency of revision, matter has been compromised between the parties vide compromise-deed (Annexure A-1) and the statement made by counsel for the respondent as find mention in the order dated October 8th, 2010 of this Court. In a recent judgment 'Vinay Devanna Nayak Vs. Ryot Seva Sahakari Bank Limited' 2008 (1) RCR (Criminal) 249, Hon'ble Supreme Court allowed the compromise entered between the parties in view of Section 147 of N.I. Act and the primary object underlying Section 138 and acquitted the accused/appellant. Crl. Revision No. 429 of 2005 2 3. Since the matter has been settled between the parties and in view of provisions of Section 147 of N.I. Act and law laid down in the aforesaid authority, the revisionist is entitled to acquittal. Resultantly, the orders of conviction and sentence passed by the Courts below are set-aside and he is acquitted. (NAWAB SINGH) JUDGE 19.1.2011. SN