Ramesh Bansal Ispat And ORS v. M/S Madhav Alloys Pvt Ltd And ANR

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CRM-M-32467 of 2017 (O&M) Date of Decision: 22.11.2017 Ramesh Bansal and others

...Petitioners

Versus

M/s Madhav Alloys Private Limited and another ....Respondents CORAM: HON'BLE MR. JUSTICE RAMENDRA JAIN Present: - Mr. Swarn Tiwana, Advocate, for the petitioners. Mr. Rakesh Chopra, Advocate, for the respondents. RAMENDRA JAIN, J. (ORAL) Prayer in the instant petition under Section 482 Cr.P.C. has been made for quashing the order dated 21.08.2017 (Annexure P-7) passed by learned Additional Sessions Judge, Fatehgarh Sahib, dismissing the application of the petitioner for compounding the offence under the Negotiable Instruments Act.

In pursuance of the written compromise, placed on record, between the parties, final compromised amount of ` 15,94,350/- has been paid by the petitioner to the respondents by way of demand draft No.346055 dated 21.11.2017. The same has been acknowledged by learned counsel for the respondents by signing on the photocopy of the said demand draft. Learned counsel for the parties submit that nothing survives in this petition and the same may be dismissed as infructuous. Dismissed as infructuous. However, both the parties shall be bound by the compromise.

(RAMENDRA JAIN) November 22, 2017 JUDGE R.S.

Whether speaking/reasoned Yes/No Ravinder Singh 2017.11.22 14:32 I attest to the accuracy and authenticity of this document Whether Reportable Yes/No