Criminal Revision No.3159 of 2010(O&M) [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. Criminal Revision No.3159 of 2010(O&M) Date of Decision: December 08, 2011 M/s Voice `N' Vision Cable T.V.Network and another ... Petitioners Versus State of Punjab and another ... Respondents CORAM:- HON'BLE MR.JUSTICE NAWAB SINGH Present: Mr.Hardeep Singh, Advocate, for the petitioners. Mr.Palvinder Singh, Senior DAG, Punjab for respondent – State. Baldev Singh – respondent No.2/complainant in person with his counsel Mr.Abhishek Sharma, Advocate. NAWAB SINGH J.(ORAL) This revision is directed against the judgment dated October 25th, 2010 passed by Additional Sessions Judge, Ludhiana, upholding the judgment of conviction and order of sentence dated February 20th, 2007 of Judicial Magistrate First Class, Ludhiana, 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. He was also directed to pay compensation to the tune of Rs.1,00,000/- to the complainant. 2. Learned counsel for the parties have urged that during pendency of revision, matter has been compromised between the parties. Today, the complainant has received the cheque amount of Rs.1,50,000/- vide demand draft (Annexure R1) and an amount of Rs.50,000/- in cash as compensation in court. Criminal Revision No.3159 of 2010(O&M) [2] 3. Baldev Singh Arora – complainant/respondent No.2 is present in person. He has made a statement admitting the fact of having received the amount of Rs.1,50,000/- through demand draft and Rs.50,000/- cash. He has no objection, if the revision is accepted and the petitioner is acquitted. 4. 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. 5. 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 revision is accepted and the orders of conviction and sentence passed by the Courts below are set-aside and he is acquitted. December 08, 2011 ( NAWAB SINGH ) `gian' JUDGE