HON’BLE SRI JUSTICE RAJA ELANGO CRIMINAL REVISION CASE No.755 OF 2005 JUDGMENT: This Criminal Revision Case is preferred by the petitioners- accused against the judgment, dated 02.05.2005, rendered in Criminal Appeal No.87 of 2004 by the III Addl. Sessions Judge at Guntur. 2. The 1st respondent-complainant filed C.C.No.903 of 2001 on the file of the Addl. Junior Civil Judge, Mangalagiri, against the petitioners- accused for the offence punishable under Section 138 of the Negotiable Instruments Act. After due trial, the learned Magistrate convicted the 2nd petitioner-A.2 under Section 255 (2) Cr.P.C. and sentenced him to undergo simple imprisonment for one year and further directed him to pay a sum of Rs.3,00,000/- to the complainant by way of compensation, vide judgment, dated 26.02.2004. As against the said conviction, the petitioners filed Criminal Appeal No.87 of 2004 on the file of the III Addl. Sessions Judge at Guntur and the learned Sessions Judge, having gone through both the oral and documentary evidence, dismissed the Criminal Appeal while confirming the conviction recorded by the trial Court, but modified the sentence of imprisonment from one year to nine months besides confirming the compensation, vide judgment, dated 02.05.2005. Challenging the same, the petitioners preferred this revision. 3. Heard both sides. 4. It is submitted by the learned counsel for the petitioners as well as the 1st respondent-complainant that during pendency of the Criminal Revision Case, the matter was compromised by and between the parties and sought to allow the revision by setting aside the conviction and sentence recorded against the petitioners. 5. The 1st respondent-complainant is present before this Court. He stated that himself and the petitioners have compromised the matter and he received a sum of Rs.1,50,000/- towards full and final settlement of the matter from the petitioners by way of a demand draft bearing No.069368 dated 23.03.2011 drawn on Andhra Bank, Seetharampuram Branch, Vijayawada and sought permission to compound the offence and acquit the petitioners of the offence. 6. In the light of the compromise arrived at between the parties, this Court is of the view that the offence can be compounded, by invoking the provisions under Section 147 of the Act. 7. Accordingly, the Criminal Revision Case is allowed and the conviction and sentence recorded against the petitioners-accused for the offence under Section 138 of the Act in C.C.No.903 of 2001 by the Addl. Junior Civil Judge, Mangalagiri, by judgment dated 26.02.2004, as confirmed by the III Addl. Sessions Judge, Guntur, in Crl.A.No.87 of 2004, by judgment dated 02.05.2005, are hereby set aside and consequently the petitioners-accused are acquitted of the said offence. _________________ RAJA ELANGO, J 29th April, 2011 cbs HON’BLE SRI JUSTICE RAJA ELANGO CRIMINAL REVISION CASE No.755 OF 2005 DATE: 29.04.2011 Between : M/s. VNK Chits and Finance Pvt. Ltd., rep.by its Managing Director, Patamata, Vijayawada and another … Petitioners/ Accused and State of A.P. … Respondent HON’BLE SRI JUSTICE RAJA ELANGO CRIMINAL REVISION CASE No.755 of 2005 (Allowed) 29th April, 2011 cbs