Criminal Revision No.1500 of 2005 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Criminal Revision No.1500 of 2005 Date of Decision: 08.03.2011. Kulwinder Singh ..Petitioner Versus State of Punjab and another ..Respondents CORAM: HON'BLE MR. JUSTICE NAWAB SINGH Present: Kulwinder Singh-petitioner in person with Mr. Ishwar Lal, Advocate. Mr. Ranvir S. Chauhan, D.A.G. Punjab, for respondent No.1 – State. Paramjit Singh-respondent No.2 in person with Mr. S.S. Chatrath, Advocate. NAWAB SINGH.J(ORAL) Challenge is to the judgment dated July 12th, 2005 of Additional Sessions Judge, Jalandhar affirming the judgment of conviction and order of sentence dated January 6th, 2005, whereby, petitioner was convicted under Section 138 of the 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 ` 5000/- with default stipulation. 2. Learned counsel for the parties have stated that petitioner and respondent No.2 are brothers and during pendency of revision, matter has been compromised between them vide compromise-deed (Annexure A-1). In '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. 3. Since the matter has been settled between the Criminal Revision No.1500 of 2005 2 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 08.03.2011 neetu