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1 - 8 of 8 (0.43 seconds)M/S. Bhaskar Industries Ltd vs M/S. Bhiwani Denim & Apparels Ltd. Ors on 27 August, 2001
(iv) It is also made clear that it will be open to the petitioner
to seek exemption under Sec.205 of the Cr.P.C in which
case the trial court will consider and pass appropriate
orders on the same, in the light of the legal principles
well settled in that regard in the decision report in Reddy
v. Excel Glasses Ltd. reported in 2010 (3) KLT SN 11
(Case No.14) as well as the judgments in Bhaskar
Industries Ltd. v. Dhiwani Denim & Apparel Ltd.
All India Reserve Bank Retired Officers ... vs Union Of India And Others on 10 December, 1991
6. The Apex Court in the case in Indian Bank Association
and Others v. Union of India and Others reported in (2014) 5 SCC
Crl.M.C.No.3665 of 2017 : 5 :
590 as held in para.23.3 of the said judgment that the trial court may
indicate in the summons for offences involving Sec.138 of the NI Act
that the accused makes an application of compounding offence in the
first hearing of the case and if such an application is made, the court
may pass appropriate orders expeditiously etc. Therefore, all efforts
should be taken by the trial court, the appellate court, the revisional
court etc. in matters involving offences under Sec.138 of the NI Act to
facilitate the settlement between the parties. In the instant case, the
petitioner has agitated the issue since June 2015 by filing of the earlier
petition as per Crl.M.C.No.4743/2015 and the first respondent
complainant did not co-operate with the due resolution of the issues
in that case which led to the final disposal of the matter on
10.04.2017. Even now, the first respondent has not bothered to
appear before this Court in spite of due service of notice on that party
and in spite of the fact that this Court had noted the offer made by the
petitioner about her willingness to pay off the amount already due
under the dishonoured cheque. Even though the petitioner has sought
reasonable and fair approach in this matter, the first respondent Chit
Company is not even bothered to appear before this Court even to
accept the moneys deposited by the accused. Petitioner has made out
a strong case on the basis of Annexure-II Karar dated 8.3.2013,
wherein the respondent Chit Company has conceded that more
moneys are owed to the petitioner's husband. Both the petitioner and
Crl.M.C.No.3665 of 2017 : 6 :
her husband were subscribers of various chits run by the Chit
Company. Petitioner has produced medical certificate to show that she
is suffering from epilepsy. Therefore this Court is of the view that any
further prolongation of the trial in spite of the reasonable offer made
by the petitioner would amount to causing grave harassment and
injustice to the petitioner. This Court is of the view that payment for
the principal amount covered by the cheque to the complainant
Company will be more than sufficient in the interest of justice. Since
the first respondent has shown such a recalcitrant attitude in both the
two rounds of litigations, this Court is constrained to take a view that
such respondent Chit Company need not be given any interest on the
principal amount. Accordingly, this Court is inclined to quash the
proceedings in the complaint which led to the institution of
S.T.No.6366/2010, pending before the trial court.
Section 205 in The Code of Criminal Procedure, 1973 [Entire Act]
Section 257 in The Code of Criminal Procedure, 1973 [Entire Act]
Section 320 in The Code of Criminal Procedure, 1973 [Entire Act]
V.S.Reddy vs M/S.Excel Glasses Ltd on 4 March, 2010
(iv) It is also made clear that it will be open to the petitioner
to seek exemption under Sec.205 of the Cr.P.C in which
case the trial court will consider and pass appropriate
orders on the same, in the light of the legal principles
well settled in that regard in the decision report in Reddy
v. Excel Glasses Ltd. reported in 2010 (3) KLT SN 11
(Case No.14) as well as the judgments in Bhaskar
Industries Ltd. v. Dhiwani Denim & Apparel Ltd.
The Code of Criminal Procedure, 1973
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