Vasudev Dadu Naik v. The Shiroda Urban Co-Operative Credit Society Limited

2025:BHC-GOA:1012 CRIR 13 of 2025 Meena

IN THE HIGH COURT OF BOMBAY AT GOA

CRIMINAL REVISION APPLICATION NO.13 OF 2025 VASUDEV DADU NAIK ... APPLICANT

Versus

THE SHIRODA URBAN CO-OPERATIVE CREDIT SOCIETY LIMITED ... RESPONDENT WITH CRIMINAL MISC. APPLICATION NO. 63 OF 2025 Mr. Sanman Keny, Advocate for the Applicant.

Mr. Jatin Ramaiya h/f. Mr. Vibhav Amonkar, Advocate for the Respondent.

CORAM:- VALMIKI MENEZES, J.

DATED :- 24th June, 2025 P.C.:

1. The Applicant filed an application No. CRMA No.63 OF 2025 for compounding the offence. The learned Counsel for the Respondent has recorded no objection to dispose of the matter. The Respondent acknowledged full payment of the compensation. The amount of 15% of the compensation has been deposited as a penalty in terms of the judgment of Hon'ble Supreme Court in the case of Damodar S. Prabhu v/s. Sayed Babalal H.[2010(5) SC C 663).

2. Considering that the Respondent has no objection to the compounding of the offence, the Applicant shall stand acquitted of the 24th June, 2025

CRIR 13 of 2025 offence under Section 138 of the NI Act.

3. The Application stands disposed of.

4. In view of the above the CRIR No.13 of 2025 also stands disposed of.

VALMIKI MENEZES, J.

Signed by: MEENA VISHAL BHOIR Designation: Private Secretary Date: 25/06/2025 12:22:07 24th June, 2025