P R Sivashankar vs Shiksha Financial Services India Ltd, Rep by S.suresh Kumar — 17/2024
Case under Code of Criminal Procedure Section 374. Disposed: Contested--Allowed on 30th March 2026.
CRLA - Criminal Appeal
CNR: TNTR080000942024
e-Filing Number
05-02-2024
Filing Number
5/2024
Filing Date
07-Feb-2024
Registration No
17/2024
Registration Date
07-Feb-2024
Court
II. Additional District and Sessions Court, Poonamallee
Judge
1-Additional District and Sessions Judge - II
Decision Date
30-Mar-2026
Nature of Disposal
Contested--Allowed
Last updated 29-May-2026
Acts & Sections
Petitioner(s)
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1.P R Sivashankar
Adv. Jagath Ratchagan Jayaraman
Respondent(s)
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1.Shiksha Financial Services India Ltd, Rep by S.suresh Kumar
Case History
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Case disposedDisposed
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30-Mar-2026
Copy of JudgmentView PDF
Summary of Criminal Appeal No. 17/2024 The Court allowed the appeal and acquitted P.R. Sivashankar of cheque bouncing charges under Section 138 of the Negotiable Instruments Act. Although the trial court had convicted him and sentenced one month imprisonment plus ₹50 lakh compensation, both parties filed a settlement petition during appeal proceedings; the accused paid ₹50 lakh in full and final settlement, and the complainant endorsed no objection. Following Supreme Court precedent, the court held that compounded offences under Section 147 of the NI Act must result in acquittal, thereby setting aside the conviction. This case analysis is maintained by casestatus.in based on publicly available court records.
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30-Mar-2026
Disposed
Additional District and Sessions Judge - II
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23-Mar-2026
Judgement
Additional District and Sessions Judge - II
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12-Mar-2026
Arguments
Additional District and Sessions Judge - II
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19-Feb-2026
Arguments
Additional District and Sessions Judge - II
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15-Dec-2025
Arguments
Additional District and Sessions Judge - II
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27-Oct-2025
Arguments
Additional District and Sessions Judge - II
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16-Sep-2025
Arguments
Additional District and Sessions Judge - II
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23-Jul-2025
Arguments
Additional District and Sessions Judge - II
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21-Jun-2025
Arguments
Additional District and Sessions Judge - II
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04-Apr-2025
Arguments
Additional District and Sessions Judge - II
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24-Jan-2025
Await Records
Additional District and Sessions Judge - II
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26-Sep-2024
Await Records
Additional District and Sessions Judge - II
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15-Jul-2024
Await Records
Additional District and Sessions Judge - II
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12-Apr-2024
First hearing
Initial hearing scheduled
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07-Feb-2024
Case filed
Registration No. 17/2024
Summary of Criminal Appeal No. 17/2024 The Court allowed the appeal and acquitted P.R. Sivashankar of cheque bouncing charges under Section 138 of the Negotiable Instruments Act. Although the trial court had convicted him and sentenced one month imprisonment plus ₹50 lakh compensation, both parties filed a settlement petition during appeal proceedings; the accused paid ₹50 lakh in full and final settlement, and the complainant endorsed no objection. Following Supreme Court precedent, the court held that compounded offences under Section 147 of the NI Act must result in acquittal, thereby setting aside the conviction. This case analysis is maintained by casestatus.in based on publicly available court records.
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