1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL WRIT PETITION NO. 360 OF 2009 Ranjit Kumar Mishra ..Petitioner. versus Nilkamal Limited & Anr. ..Respondents. ===== Mr.Subhash Jha i/by M/s.Law Global for the petitioner. Mr.Kiran Jain i/by M/s.Kiran Jain & Co. for respondent no.1. Smt.A.A.Mane  APP for State. ===== CORAM : V.R.KINGAONKAR, J. DATED : 25 th SEPTEMBER, 2009. P.C. : 1.Heard the learned counsel for the parties. 2. Both the learned counsel make a statement that the parties have amicably settled the dispute outside the Court. It is stated that the petitioner has agreed to pay the amount shown under the cheque by installment of Rs.25,000/- per month and to pay the remaining amount entirely at the last installment. The first payable installment would be due on 15th of 2 October 2009, second installment will be due on 15th November, so on and so forth. The proceedings shall be stayed until the entire payment is clear. The criminal prosecution bearing S.C.C.No.256 of 2008 pending on the file of learned Chief Judicial Magistrate, Dadra and Nagar Haveli at Silvassa will be deemed as quashed on satisfaction of the entire amount in view of the statement in view of provisions of Section 147 of the Negotiable Instruments Act. In case of two defaults committed in making the payments, the present criminal writ petition will be deemed as dismissed. (V.R.KINGAONKAR, J.)