AI Insights
This case involves a criminal revision petition filed by K. Ramappa against M/S. ILC Industries Ltd., concerning an order related to a cheque bounce case under Section 138 of the Negotiable Instruments Act. The petitioner sought to set aside the orders passed by the lower courts, which had found him liable. However, during the proceedings, the petitioner and the respondent reached a settlement agreement, as reflected in the memo submitted to the court. The settlement involved the petitioner agreeing to pay Rs. 5,00,000 to the respondent, which led to the disposal of the petition.
Appeal Details
Counselvise Citation
[] 140 COUNSELVISE.COM (CL) 832926 (HC-KARNATAKA)
Assessee PAN
Bench
Appeal Number
CRN Number
Appellant
Respondent
Appeal Type
Others
Pronouncement Date
31-01-2026
Assessment Year
misc
Judgement Text
" - 1 - HC-KAR NC: 2026:KHC-D:1285 CRL.RP No. 100002 of 2019 IN THE HIGH COURT OF KARNATAKA,AT DHARWAD DATED THIS THE 31ST DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE V.SRISHANANDA CRIMINAL REVISION PETITION No.100002 OF 2019 (397(CR.PC)/438(BNSS)) BETWEEN: K. RAMAPPA S/O LATE NATTAPPA AGE: 58 YEARS, OCC: PROPRIETOR, M/S. MINERAL LMINES AND TRADERS, 2ND CROSS, VIDYA NAGAR, AIRPORT ROAD, BALLARI. …PETITIONER (BY SRI. M.L. VANTI, ADVOCATE) AND: M/S. ILC INDUSTRIES LTD., D-6/7 NEAR, INDUSTRIAL ESTATE, DAM ROAD, HOSAPETE, A PUBLIC COMPANY, INCORPORATED UNDER THE COMPANIES ACT, REPRESENTED BY ITS AUTHORISED SIGNATORY, SRI.N.N.MADHURA, AGE: MAJOR, SENIOR MANAGER (ACCOUNTS). …RESPONDENT (BY SRI. SRINIVAS B. NAIK AND SRI. M. GURURAJ, ADVOCATES) THIS CRIMINAL REVISION PETITION IS FILED UNDER SECTION 397 R/W 401 OF CR.P.C. PRAYING TO CALL FOR RECORDS, ALLOW THE REVISION PETITION AND SET ASIDE THE ORDER DATED 10.07.2018 PASSED BY THE LEARNED III ADDL. DISTRICT AND SESSIONS JUDGE, BELLARI (SITTING AT HOSAPETE), IN CRIMINAL APPEAL NO.5048/2015 AND THE ORDER PASSED BY THE PRL. SENIOR CIVIL JUDGE AND JMFC HOSPET IN C.C. NO.13/2014 (OLD C.C. NO.3858/2010) DATED 26.09.2015 FOR OFFENCE PUNISHABLE U/S 138 OF N.I. ACT AND SET THE PETITIONER AT LIBERTY IN THE INTEREST OF JUSTICE. THIS CRIMINAL REVISION PETITION COMING ON FOR FINAL HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: Printed from counselvise.com CHANDRASHEKAR LAXMAN KATTIMANI Digitally signed by CHANDRASHEKAR LAXMAN KATTIMANI Date: 2026.02.02 17:04:31 +0530 - 2 - HC-KAR NC: 2026:KHC-D:1285 CRL.RP No. 100002 of 2019 ORAL ORDER (PER: THE HON'BLE MR. JUSTICE V.SRISHANANDA) Learned counsel for the petitioner has filed the memo which reads as under: “That the petitioner herein has agreed to pay Rs.5,00,000/- (Rupees five lakhs) towards full and final settlement of the complainant/respondent claim within 1 month. Hence the Hon’ble Court be pleased to pass necessary orders to meet ends of justice.” 2. Learned counsel for the respondent Sri Srinivas B. Naik submits that there is no settlement and it is only the voluntary statement of the petitioner. 3. Placing the memo on record, revision petition is disposed of in terms of the memo. 4. The amount in deposit, if any, is ordered to be released in favour of the petitioner/accused. Sd/- (V.SRISHANANDA) JUDGE kcm CT:CMU LIST NO.: 1 SL NO.: 24 Printed from counselvise.com "
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Laws Referred To
Section 397 r/w 401 of Cr.P.C., Section 138 of N.I. Act
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