2011 INSC 0316
                             SUPREME COURT OF INDIA

                                           Vikas Jalan

                                                Vs.

                                       Shreya Pet Pvt.Ltd

                                     Crl.A.No.670 of 2011

                        (Dalveer Bhandari and Deepak Verma JJ.)

                                           07.03.2011

                                             ORDER

Leave granted.

Learned counsel for the appellant submits that the entire amount of compensation
of Rs.10 lakhs has been deposited by the appellant in the Registry of this Court.
Learned counsel for the respondents submits that in case the respondents are
permitted to withdraw that amount, in that event, they would not pursue the
complaint under Section 138 of the Negotiable Instruments Act, 1881. We direct
that the amount deposited by the appellant in the Registry of this Court, along with
interest accrued thereon, be given to the respondents within two weeks.

In this view of the matter, the complaint under Section 138 of the Negotiable
Instruments Act, 1881 and all proceedings emanating from the said complaint are
hereby quashed. Consequently, the impugned order passed by the High Court is set
aside. The appeal is disposed of in the aforementioned terms.

Law Information Center  1  SpotLaw