1 REVN 534/10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL REVISION APPLICATION NO.534 OF 2010 Akaram Mahadeo Gaikwad .... Applicant. v/s State of Maharashtra & Anr. .... Respondents. Mr. Sameer Tambekar i/b Indrajeet Joshi for the applicant. Mr. P.S. Hingorani APP for the State. Mr. Pradip Rajput for Respondent No.2. CORAM: V.M. KANADE, J. DATE : 1st December, 2010 P.C:- 1. Heard the learned Counsel appearing on behalf of the applicant and the learned Counsel appearing on behalf of Respondent No.2. 2. It is submitted that the parties have settled the dispute. 3. Applicant is convicted for the offence punishable under section 138 of the Negotiable Instruments Act by the judgment and order dated 07/10/2008 passed by the learned JMFC. Against this order, criminal appeal was filed in the Sessions Court. The said criminal appeal was also dismissed and the order of conviction was confirmed. Now, the parties have settled the dispute. Respondent No.2 has filed an 2 REVN 534/10 affidavit in reply in which he has stated that he has received the amount which was due and payable in full and final settlement of the claim and he has no objection if the revision application is allowed. 4. The offence under section 138 is compoundable offence and, now, since the parties have settled the dispute, there is no reason why the said settlement should be accepted at this stage. 5. Hence, the criminal revision application is allowed in terms of prayer clause (c) in view of the affidavit in reply filed by Respondent No.2. 6. Rule is made absolute in the aforesaid terms. V.M. KANADE, J.