1 REVN 251.10.sxw JPP IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE SIDE JURISDICTION CRIMINAL REVN. APPLICATION NO. 251 OF 2010 Mr. Shashikant Shridhar Mane. ... Applicant. V/s. Mr. Jeetendra Lakhamichand Jain & Anr. ... Respondents. Mr. Mandar Limaye for the Applicant. Mr. S.S. Pednekar, APP for the State. Mr. A.J. Chaugule with Ms. Archana B. Kalgali for Respondent 1. CORAM : K.U. CHANDIWAL, J. DATED : 04th OCTOBER 2011. P.C. :- Heard learned Counsel for the Applicant as well the Respondents. The parties are present, identified by respective Counsel. 2. In the proceedings under Section 138 of Negotiable Instruments act, the conviction recorded by the learned Judge is questioned in the present Revision. However, in terms of Section 147 of Negotiable Instruments Act, since the parties have mutually decided to resolve the controversy, the consent terms are taken on record. The consent terms illustrate, an amount of Rs.3,50,000/- (Rupees Three Lakhs Fifty Thousand only) has been paid by way of settlement to the Respondent 2 REVN 251.10.sxw (Original Complainant). This is confirmed by the Original Complainant and the learned Counsel. Apart from said payment of Rs.3,50,000/- (Rupees Three Lakhs Fifty thousand only), the Original Complainant shall be at liberty to withdraw Rs.3,50,000/- deposited in the Summery Criminal Case No.420 of 2007 at Pali, Taluka - Sudhagadh, District - Raigad. 3. Hence, the proceedings subject matter of present Revision are quashed and set aside. The conviction is set aside. Bail bond, if any, are terminated. Criminal Revision Application No.251 of 2010 is allowed as above. (K.U. CHANDIWAL,J.)