Sri Rani Bai Matriculation School And 3 Others vs Shiksha Financial Services India Ltd., Rep by S.Suresh Kumar — 18/2024

Case under Code of Criminal Procedure Section 374(3). Disposed: Contested--Allowed on 30th March 2026.

Case disposed

CRLA - Criminal Appeal

CNR: TNTR080000982024

e-Filing Number

05-02-2024

Filing Number

7/2024

Filing Date

07-Feb-2024

Registration No

18/2024

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

Code of Criminal Procedure Section 374(3)
Negotiable Instruments Act, 1881 Section 138

Petitioner(s)

  1. 1.Sri Rani Bai Matriculation School And 3 Others

    Adv. Jagath Ratchagan Jayaraman

  2. 2.Sri Rani Bai Educationa trust, Rep by its chairman/ authorized signatory P.R. Siva shankar

  3. 3.P.R. Siva shankar

  4. 4.S. Kavitha

Respondent(s)

  1. 1.Shiksha Financial Services India Ltd., Rep by S.Suresh Kumar

Case History

  1. Case disposedDisposed

  2. 30-Mar-2026

    Copy of JudgmentView PDF

    The appellants, Sri Rani Bai Matriculation School and others, were convicted under Section 138 of the Negotiable Instruments Act for dishonoring a cheque for Rs.30,00,000/-. The trial court sentenced them to imprisonment and ordered compensation payment. However, during the appeal, both parties filed a joint petition under Section 147 of the Negotiable Instruments Act (which allows compounding of offences), after the appellants paid Rs.50,00,000/- in full settlement. The court allowed the compromise and set aside the conviction, acquitting all appellants under Section 320(8) CrPC, following Supreme Court precedent that offences under Section 138 can be compounded even at appellate stage. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 30-Mar-2026

    Disposed

    Additional District and Sessions Judge - II

  4. 23-Mar-2026

    Judgement

    Additional District and Sessions Judge - II

  5. 12-Mar-2026

    Arguments

    Additional District and Sessions Judge - II

  6. 19-Feb-2026

    Arguments

    Additional District and Sessions Judge - II

  7. 16-Feb-2026

    Arguments

    Additional District and Sessions Judge - II

  8. 19-Jan-2026

    Arguments

    Additional District and Sessions Judge - II

  9. 17-Nov-2025

    Arguments

    Additional District and Sessions Judge - II

  10. 19-Sep-2025

    Arguments

    Additional District and Sessions Judge - II

  11. 23-Jul-2025

    Await Records

    Additional District and Sessions Judge - II

  12. 04-Apr-2025

    Await Records

    Additional District and Sessions Judge - II

  13. 24-Jan-2025

    Await Records

    Additional District and Sessions Judge - II

  14. 26-Sep-2024

    Await Records

    Additional District and Sessions Judge - II

  15. 15-Jul-2024

    Appearance

    Additional District and Sessions Judge - II

  16. 12-Apr-2024

    First hearing

    Initial hearing scheduled

  17. 07-Feb-2024

    Case filed

    Registration No. 18/2024

casestatus.in Summary

The appellants, Sri Rani Bai Matriculation School and others, were convicted under Section 138 of the Negotiable Instruments Act for dishonoring a cheque for Rs.30,00,000/-. The trial court sentenced them to imprisonment and ordered compensation payment. However, during the appeal, both parties filed a joint petition under Section 147 of the Negotiable Instruments Act (which allows compounding of offences), after the appellants paid Rs.50,00,000/- in full settlement. The court allowed the compromise and set aside the conviction, acquitting all appellants under Section 320(8) CrPC, following Supreme Court precedent that offences under Section 138 can be compounded even at appellate stage. This case analysis is maintained by casestatus.in based on publicly available court records.

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