Vinoth Kumar v. Selvamangala Finance

HIGH COURT LEGAL SERVICES COMMITTEE, CHENNAI National Lok Adalat organised by the High Court Legal Services Committee Saturday the14h day of October 2023 NATIONAL LOK ADALAT AWARD (Chapter VI and u/s 21 of Legal Services Authorities Act, 1987) Presided over by THE HONOURABLE Mr.JUSTICE C.KUMARAPPAN and Members:

1.Ms.J.SHANTHI 2.Mr.K.V.MUTHUVISAKAN Crl.R.C.No.578 of 2023 Criminal Revision against the Judgment dated 28.09.2022 in C.A.No.80 of 2021 by learned I-Additional District and Sessions Judge, Salem confirming the judgment dated 02.11.2021 made in S.T.C..No.12 of 2021 by the learned Judicial Magistrate, Fast Track Magistrate, Athur. Vinoth Kumar

...Petitioner

Vs.

Selvamangala Finance, Represented by its Manager and Partner A.Mahadevan, D.No.1-A, MTC Buildings, Samuel Street, Ranipettai, Athur Town and Taluk, Salem District.

...Respondent

This case came up for settlement before the Lok Adalat. Both parties are present. Mr.N.Velmurugan, the learned counsel for the petitioner and Mr.M.Vinoth, the learned counsel for the respondent are present. After mutual discussion, negotiation, mediation and conciliation between both parties, they arrived at a compromise to settle the matter as follows:

TERMS OF SETTLEMENT Both the petitioner and the respondent have agreed to settle the matter with the following term:- The petitioner is agreed to pay a total sum of Rs.50,000/- (Rupees Fifty Thousand only), towards full and final settlement on or before 14.12.2023, failing which the award amount will carry interest at the rate of 12% per annum, from the date of cheque.

2. In view of the above settlement, the parties are agreed to compound the offence.

3. Accordingly, this Criminal Revision is disposed of as settled. The judgement of conviction and sentence passed by the Court below is set aside and the petitioner/accused is acquitted from the charges punishable under Section 138 of NI Act. In view of the settlement arrived at between the parties, offence is compounded under Section 147 of Negotiable Instruments Act. This Lok Adalat award is passed in terms of the above settlement.

Vinoth Kumar Counsel for the Petitioner Selvamangala Finance, Represented by its Manager and Partner A.Mahadevan, D.No.1-A, MTC Buildings, Samuel Street, Ranipettai, Athur Town and Taluk, Salem District.

Counsel for the Respondent Judge Member Member

C.KUMARAPPAN, J.

sma/mac To: The parties/Advocate concerned Copy to:

1.The I-Additional District and Sessions Judge, Salem. 2.The Judicial Magistrate, Fast Track Magistrate, Athur. 3.The Secretary, High Court Legal Services Committee, Chennai. 4.The Section Officer, V.R.Section, High Court, Madras. 5.The Section Officer, Lok Adalat Section, High Court, Madras.+2 copies Crl.R.C.No.578 of 2023 14.10.2023