1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL REVISION APPLICATION NO. 228 OF 2010 Prakash Shankar Jirge ..Applicant versus Dadasaheb Sakhwalkar Sahakari Patsanstha Maryadit, Eaksal, Satara & Anr. ..Respondents Mr. A. P. Kulkarni for Applicant. Mr. S. V. Gole for Respondent No. 1. Ms. A. T. Jhaveri – APP for State. CORAM : B. R. GAVAI, J. DATED : MAY 05, 2010. P.C. : 1. Rule, made returnable forthwith. Heard by consent. 2. By way of present revision application, the applicant challenges the Order passed by the learned 4th JMFC, Satara dated 20th May 2008 thereby convicting the applicant for offences punishable under Section 138 of the Negotiable Instruments Act and sentencing him to serve simple imprisonment for a period of two months and further directing him to pay the compensation of Rs.44,000/-, and the Order passed by the learned 2 Sessions Judge, Satara dated 23rd June 2009 thereby dismissing the appeal filed by the applicant. 3. Proceedings were initiated by the complainant for offences punishable under Section 138 of the Negotiable Instruments Act. However, during the pendency of the proceedings the matter has been amicably settled between the parties. The entire claim amount has been paid by the applicant. An affidavit has been filed on behalf of the respondent no. 1 that they does not wish to continue the criminal proceedings against the present applicant. 4. Since the dispute between the parties is on account of an offence punishable under Section 138 of the Negotiable Instruments Act and since parties have amicably settled the dispute between them, no purpose will be served in keeping the criminal proceedings pending. The Order of the conviction and sentence and the Order of the appellate court confirming the same are quashed and set aside. The applicant – accused is acquitted of the offences charged with. His bail bond shall stand discharged. Rule made absolute in the aforesaid terms. (B. R. GAVAI, J.)