IN THE HIGH COURT OF BOMBAY AT GOA CRIMINAL REVISION APPLICATION NO. 19 OF 2011 MR. SANJAY VANI ... Petitioner Versus MR. SUHAS CHODANKAR AND ANR., ... Respondents Mr. Arjun F. Naik,advocate for the petitioner. Mr. Anthony D'Silva,advocate for Respondent no. 1. Mr. C.A. Ferreira, Public Prosecutor of respondent no.2. Coram:- A. P. LAVANDE, J. Date:- 4th May, 2011 P.C: This revision is preferred by the applicant/accused challenging judgment and order dated 24/2/2011 passed by the Assistant Sessions Judge, Panaji in Criminal Appeal no.120 of 2010 by which the applicant has been sentenced to pay fine of Rs.2,05,000/- and in default to undergo simple imprisonment of two months. The fine has been ordered to paid to the respondent no.1/complainant as compensation in terms of Section 357(3) of Cr.P.C. 2. The parties have filed application under Section 147 of the Negotiable Instruments Act seeking leave to compound the offence. The application has been duly signed by the applicant, complainant/respondent no.1 and their respective advocates. The applicaiton is taken on record and marked "X" for identification purpose. 3. In view of the above, the complainant and the accused are permitted to compound the offence under Section 138 of the Negotiable Instruments Act and the accused is acquitted of the said offence. Consequently, the judgment and order dated 24/2/2011 passed by the Lower Appellate Court as well as the judgment and order dated 21/7/2010 passed by the Judicial Magistrate First Class, Ponda are quashed and set aside. 4. Mr. Naik, learned counsel for the applicant/accused seeks time till 7/5/2011 to deposit the amount of compensation in terms of the judgment of the Apex Court in the case of Damdoar Prabhu Vs Sayed Babalal H, 2010 ALL MR (Cri) 1967. The applicant Mr. Sanjay Vani undertakes to deposit the said amount in this Court by 7/5/2011. The applicant shall deposit the amount of Rs.30,000/- (Rupees thirty thousand only) on or before 7/5/2011. The undertaking is accepted. 5. The Respondent no.1 is permitted to withdraw the amount of Rs.2,05,000/- (Rupees two lakhs five thousand only) deposited by the applicant. Registry to pay the amount of Rs.2,05,000/- to the respondent no.1. 6. Considering that the parties have been permitted to compound the offence the show cause notice issued to the applicant in relation to the enhancement of the sentence is discharged. Criminal Revision Application no.19/2011 stands disposed of. A. P. LAVANDE, J. ap/-