Criminal Revision No. 615 of 2009 1 In the High Court of Punjab and Haryana at Chandigarh Date of decision: 28.4.2009 1. Criminal Revision No. 615 of 2009. Vikram Serene 2. Criminal Revision No. 616 of 2009. Virender Serene 3. Criminal Revision No. 617 of 2009. Virender Serene 4. Criminal Revision No. 618 of 2009. Vikram Serene 5. Criminal Revision No. 619 of 2009. Vivek Serene 6. Criminal Revision No. 620 of 2009. Vivek Serene petitioners Versus Cromption Greaves Ltd. and another .......Respondents CORAM: HON'BLE MRS. JUSTICE SABINA Present: Mr. Vinish Singla, Advocate, for the petitioners. Mr.Bijender Dhankar, Advocate, for respondent No.1. Mr.Amandeep Singh Rai, AAG, Punjab, for respondent No.2. **** Criminal Revision No. 615 of 2009 2 SABINA, J. This order shall dispose of CRM-M Nos.615 to 620 of 2009 as these arise out of the same complaint. The petitioners were convicted under Section 138 of the Negotiable Instruments Act, 1881 (for short- “ the Act”) and were sentenced to undergo rigorous imprisonment for a period of two years and a fine of Rs.5,000/- each vide judgment and order dated 10.9.2007 passed by the Judicial Magistrate, Ist Class, Jalandhar. Aggrieved by the same, the petitioners preferred an appeal and the same was dismissed vide judgment dated 27.2.2009 by the Additional Sessions Judge (Adhoc), Fast Tract Court, Jalandhar. Hence, the present revision petitions. Learned counsel for the petitioners has submitted that now the parties have arrived at a compromise. The dispute between the parties was with regard to issuance of four cheques of Rs. 5,00,000/- each. Now the matter has been settled at Rs.10,00,000/-. The petitioners have paid the said amount by way of demand drafts to respondent No.1. Learned counsel for respondent No.1, who is assisted by Mr.Mansoor Zainvi, General Attorney of the company, has admitted the contents of settlement deed (Annexure P-1). Learned counsel has also submitted that respondent No.1 has no objection if the petitioners are acquitted of the charge framed against them as now the matter has been compounded/settled. Criminal Revision No. 615 of 2009 3 As per Section 147 of the Act, notwithstanding anything contained in the Code of Criminal Procedure, 1973, every offence punishable under this Act shall be compoundable. Since the parties have amicably settled their dispute and the offence under Section 138 of the Act is compoundable, these petitions are allowed. The impugned judgments of the Courts below are set aside and the petitioners are acquitted of the charge framed against them as the offence in question has been compounded. (SABINA) JUDGE April 28, 2009 anita