IN THE HIGH COURT OF PUNJAB & HARYANA, CHANDIGARH Criminal Revision No.2935 of 2010 (O & M) Date of Decision: July 18, 2011 Sham Lal Garg .....PETITIONER(S) VERSUS State Bank of India .....RESPONDENT(S) . . . CORAM: HON'BLE MR. JUSTICE AJAI LAMBA PRESENT: - Mr. Achin Gupta, Advocate, for the petitioner. Mr. Ashok Gupta, Advocate, for the respondent. . . . AJAI LAMBA, J (Oral) 1. This revision petition has been carried against judgment of conviction for commission of offence under Section 138 of the Negotiable Instruments Act, 1881 (for short, referred to as, ‘the Act’). 2. Learned counsel for the petitioner contends that the entire cheque amount alongwith interest has been paid whereupon in terms of order dated 1.11.2010, the petitioner has been released on bail. The petitioner prays for indulgence of this Crl. Revision No.2677 of 2010 [2] Court under Section 147 of the Act for compounding of the offence. 3. Learned counsel for the respondent-Bank contends that in case the amount has been paid, respondent would have no objection to compounding of the offence. 4. Order dated 1.11.2010 inheres that the cheque amount alongwith 15% interest w.e.f. 29.10.2004 be deposited in the Court of Judicial Magistrate, 1st Class, Bathinda, within a period of 15 days. In case, needful is done, petitioner be released on bail. 5. The deposit having been made, petitioner has been released on bail. 6. Considering the above given facts and circumstances of the case, the offence is allowed to be compounded under Section 147 of the Act. 7. Revision petition is accordingly allowed. (AJAI LAMBA) July 18, 2011 JUDGE avin 1. To be referred to the Reporters or not? 2. Whether the judgment should be reported in the Digest?