1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL REVISION APPLICATION NO. 237 OF 2010 WITH CRIMINAL APPLICATION NO. 122 OF 2010 Saeed Ishaque Memon ..Applicant versus Nandkumar Narayandas Chabda & Anr. ..Respondents Mr. Kamlesh Mali for Applicant. Mr. P. B. Gujar for Respondent No. 1. Ms. A. T. Jhaveri- APP for Respondent No. 2 - State. CORAM : B. R. GAVAI, J. DATED : APRIL 23, 2010. P.C. : 1. By consent taken up for final hearing. 2. By way of present revision application, the applicant challenges the Order passed by the learned 4th J.M.F.C. Satara in Criminal Complaint No. 3697/1996 thereby convicting the accused for the offences punishable under Section 138 of the Negotiable Instruments Act and sentencing him to suffer simple imprisonment for six months and directing him to pay compensation of Rs.2,30,000/- and the Order passed by the learned Sessions Judge, Satara dated 6th March 2010 thereby dismissing the appeal filed by the present applicant. 2 3. During the pendency of the revision, the matter has been amicably settled between the parties and the consent terms are placed on record as Exhibit ‘E’ to the revision application. 4. The complainant is personally present in the court and states that he has received the entire amount under the settlement and he has no grievance subsisting against the applicant. 5. The present revision application arises out of an offence punishable under Section 138 of the Negotiable Instruments Act. Since the parties have amicably settled their dispute, I do not find that any purpose will be served by keeping the criminal proceedings pending. In that view of the matter, the revision application is allowed. Orders of conviction and sentence passed by the learned trial court and appellate court are quashed and set aside. Accused is directed to be set at liberty forthwith if not required in any other crime. 6. In view of the disposal of the revision application, nothing survives in the criminal application No. 122 of 2010, the same also stands disposed of. (B. R. GAVAI, J.)