1 hvn IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE SIDE CRIMINAL APPLICATION NO. 29 OF 2011 WITH CRIMINAL APPLICATION NO. 450 OF 2006 WITH CRIMINAL APPLICATION NO. 451 OF 2006 WITH CRIMINAL APPLICATION NO. 452 OF 2006 Sameer Khanvalkar and anr. ... Applicants Versus Gnat Foundry Pvt. Ltd. and anr. ... Respondents Mr. A.R. Kapadnis i/by Mr. MS. Mohite, Advocate for the applicants.. Mr. A.B. Borkar for respondent no. 1. Mr. S.A. Shaikh, A.P.P. for State. CORAM : K.U. CHANDIWAL,J. DATED : AUGUST 30, 2011 P.C. Cri. Appln. Nos. 450 of 2006. 451 of 2006 and 452 of 2006 not on board. Taken up. To be heard along with Criminal Application No. 29 of 2011. Heard the learned counsel for applicants in all the three matters as 2 also the counsel for respondent. The counsel for the applicant informs that the amount claimed in terms of statutory demand notice and thereafter culminated in prosecution in terms of section 138 and 141 of N.I. Act are settled and the amounts are paid to the respective respondents. Accepting the above submission, the conviction recorded in each of the matter by the learned J.M.F.C. Wadgaon and confirmed by the Revisional Court at Kolhapur are set aside. The claims are allowed to be compounded and accordingly compounded and the applications are disposed of. (K.U. CHANDIWAL,J.)