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.
CRLA - Criminal Appeal
CNR: TNTR080000982024
e-Filing Number
05-02-2024
Filing Number
7/2024
Filing Date
07-02-2024
Registration No
18/2024
Registration Date
07-02-2024
Court
II. Additional District and Sessions Court, Poonamallee
Judge
1-Additional District and Sessions Judge - II
Decision Date
30th March 2026
Nature of Disposal
Contested--Allowed
Acts & Sections
Petitioner(s)
Sri Rani Bai Matriculation School And 3 Others
Adv. Jagath Ratchagan Jayaraman
Sri Rani Bai Educationa trust, Rep by its chairman/ authorized signatory P.R. Siva shankar
P.R. Siva shankar
S. Kavitha
Respondent(s)
Shiksha Financial Services India Ltd., Rep by S.Suresh Kumar
Hearing History
Judge: 1-Additional District and Sessions Judge - II
Disposed
Judgement
Arguments
Arguments
Arguments
| Date | Purpose |
|---|---|
| 30-03-2026 | Disposed |
| 23-03-2026 | Judgement |
| 12-03-2026 | Arguments |
| 19-02-2026 | Arguments |
| 16-02-2026 | Arguments |
Final Orders / Judgements
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.
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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