M/S. Micro Steels vs M/S. Bombay Hardware Private Limited … on 30 July, 2026

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    Madras High Court

    M/S. Micro Steels vs M/S. Bombay Hardware Private Limited … on 30 July, 2026

                                                                                 CRL RC No. 730 of 2026
    
    
                                      IN THE HIGH COURT OF JUDICATURE AT MADRAS
                                                        DATED: 30-07-2026
                                                              CORAM
                                       THE HON'BLE MR.JUSTICE SHAMIM AHMED
                                                       CRL RC No. 730 of 2026
    
                    1. M/s. Micro Steels, Having Office at No. 659,
                       E.M.T.H. Road, Mannupet, Chennai 600 050.
    
                    2. D.Sheik Dawood, Partner of Micro Steels,
                       Having Office at No. 659, E.M.T.H. Road,
                       Mannupet, Chennai 600 050.
    
                    3. Bhuto, Partner of Micro Steels,
                       Having Office at No. 659, E.M.T.H. Road,
                       Mannupet, Chennai 600 050.
                                                                                     ..Petitioner(s)
                                                                Vs
                    M/s. Bombay Hardware Private Limited Company
                    Rep. by Managing Director, Veera J Metha,
                    Duly Authorised his Power of Attorney Agent,
                    Mr.R.Sampath, Sales Manager,
                    S/o.P.Ramachandran, No.32, Sembudoss Street,
                    Chennai 600 001.
                                                                                   ..Respondent(s)
    
                    Prayer:- This Criminal Revision Case is filed against the judgement of
                    conviction and sentence, dated 29.01.2026, passed in C.A.No.662 of 2023, by
                    the XV Additional Sessions Judge, City Civil Court at Chennai, confirming the
                    judgement of            conviction and sentence, dated 09.10.2023, passed in
                    CC.No.1281 of 2016, by the Metropolitan Magistrate, Fast Track Court No.IV,
                    George Town, Chennai.
                                  For Petitioner(s):          MR.R.Rajasekaran
    
                                  For Respondent(s):          Ms.M.Jayanthi
    
    
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                                                                                  CRL RC No. 730 of 2026
    
    
                                                             ORDER
    

    1. This Criminal Revision Case is filed, against the judgement of conviction

    and sentence, dated 29.01.2026, passed in CA.No.662 of 2023, by the IV

    SPONSORED

    Additional Sessions Judge, City Civil Court, Chennai, confirming the

    judgement of conviction and sentence, dated 09.03.2023, passed in

    CC.No.1281 of 2016, by the Metropolitan Magistrate, FTC No.IV,

    George Town, Chennai.

    2. The facts of the case are as follows:-

    (a) The Revision Petitioners/A1 to A3 were carrying on the business of steel

    materials and dealing with the Respondent/ complainant. During the

    course of the said business, it was found that a sum of Rs.82,34,473/-

    was due and payable by the Revision Petitioners. Towards discharge of

    the said amount, the Revision Petitioners had issued five cheques, dated

    29.01.2016, for Rs.10,00,000/-, Rs.12,34,473/-, Rs.20,00,000/-,

    Rs.20,00,000/- and Rs.20,00,000/-, respectively, in favour of the

    Respondent. When the said cheques were presented for enchashment,

    they were dishonoured. Hence, the Respondent had filed a complaint in

    CC.No.1281 of 2016, against the Revision Petitioners, for the offence

    under Section 138 of the Negotiable Instruments Act, before the Trial

    Court, for recovery of the said sum.

    (b) Before the Trial Court, on the side of the Complainant, PW.1 was

    examined and Ex.P1 to Ex.P12 were marked and on the side of the

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    Accused, DW.1 was examined and Ex.D1 was marked. By the impugned

    judgement of conviction and sentence of the Trial Court, dated

    09.10.2023, A1 was convicted and sentenced for the offence under

    Section 138 of the Negotiable Instruments Act to pay a fine of

    Rs.71,34,473/- as compensation, to the complainant and the 2nd accused

    was convicted and sentenced for the offence under Section 138 of the

    Negotiable Instruments Act to undergo Simple Imprisonment for three

    months and to pay a fine of Rs.25,000/-, as compensation to the

    complainant and the 3rd accused was convicted and sentenced for the

    offence under Section 138 of the Negotiable Instruments Act to undergo

    Simple Imprisonment for three months and to pay a fine of Rs.25,000/-,

    as compensation to the complainant.

    (c) In the appeal filed by the Revision Petitioner, by the impugned judgement

    of conviction and sentence, dated 29.01.2026, the lower appellate court

    had confirmed the judgement of conviction and sentence of the Trial

    Court. Hence, this Criminal Revision Case has been filed by the Revision

    Petitioners/Accused, seeking the relief, as stated above.

    3. This Court Heard Mr.C.Jayavel for Mr.R.Rajasekaran, the learned counsel

    for the Revision Petitioner and Ms.N.Jayanthi, the learned counsel for the

    Respondent.

    4. During the pendency of the present Criminal Revision Case before this

    Court, the parties have entered into a Joint Memorandum of Compromise,

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    dated 15.06.2026, which is taken on record and it reads as under:-

    “The appellants/accused and respondent/complainant humbly jointly
    submit as follows:

    1. It is submitted that the petitioners/accused have preferred the main
    Revision petition as against the judgment of the Learned XV
    Additional Judge, City Civil Court at Chennai in C.A. No: 662 of
    2023 dated 29.01.2026 confirming the judgment of conviction passed
    by the Learned Metropolitan Magistrate, Fast Track Court No: IV,
    George Town, Chennai dated 09.10.2023 convicting the petitioners
    for offences under sections 138 of Negotiable Instruments Act in C.C.
    No. 1281 of 2016 and sentencing the first petitioner u/s. 255(2) of
    CR.P.C. and to pay a fine of Rs.71,34,473/- on payment shall be paid
    to the respondent under section 357 (1) CR.P.C. and sentencing the
    second and third petitioners to undergo simple imprisonment for the
    period of three months and to pay fine of Rs. 25,000/- each on
    payment shall be paid to the respondent under section 357 (1)
    CR.P.C.

    2. The Petitioners/accused and Respondent/Complainant jointly
    submit that pending the subject revision, the Petitioners/accused and
    the respondent/complainant herein had arrived a out of court
    compromise in the above case. The Respondent/Complainant agreed
    and undertakes that there is no further amount is due or claim from
    the petitioners/appellants/accused.

    3. It is mutually agreed that, the during the pendency of the appeal
    proceedings, the petitioners have deposited 20% of the amount of fine
    directed to be paid, namely a sum of Rs.14,26,895/- (Rupees Fourteen
    Lakhs twenty six thousand eight hundred and ninety five only) vide
    Receipt No.01539 dated 21/12/2023, shall be withdrawn by the
    respondent/complainant from the court along with interest and the
    Petitioners/Accused hereby give their consent for the withdrawal of
    amount directly from the court by the Respondent/Complainant and in
    the event of the respondent/complainant filing a separate petition for
    withdrawal of the said amount, the court can pass the said order
    without notice to the petitioners/accused as they same is one of the
    condition in this compromise. The original receipt for payment of said
    money is handed over to the complainant on this
    day.

    4. In view of the above compromise, it is jointly prayed that this

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    Hon’ble Court may bepleased to record this Joint Memo of
    Compromise and the present case as against the Petitioners/Accused
    may be compounded as under Section 147 of the Negotiable
    Instruments Act and this Hon’ble Court may be pleased to acquit the
    Petitioners/Accused by setting aside the Conviction and Sentence
    passed by the Learned Metropolitan Magistrate, Fast Track Court
    No: IV, George Town, Chennai dated 09.10.2023 and confirmed by
    the Hon’ble XV Addl Sessions Judge, Chennai and pass such orders
    as this Hon’ble Court deems fit and thus render justice.

    Dated at Chennai on this the 15th day of June 2026”

    5. The learned counsel for the Revision Petitioner has submitted that during

    the pendency of this Criminal Revision Case before this Court, the parties

    have entered into a Joint Memorandum of Compromise, dated 15.06.2026

    to the effect that the Criminal Revision Case shall be settled, in

    accordance with the terms and conditions, as contained therein.

    6. The learned counsel for the Revision Petitioner has further submitted that

    as per the terms of the said Joint Memorandum of Compromise, the

    complainant undertook that there is no further amount due and payable by

    the Revision Petitioner and that the parties have further agreed that the

    Respondent is entitled to withdraw a sum of Rs.14,26,895/-, being 20% of

    the fine amount, deposited by the Revision Petitioner before the Trial

    Court, during the pendency of the appeal, for which, the Revision

    Petitioner shall extend his full cooperation, by signing all necessary

    documents and thus, no amount is due against the Revision Petitioner.

    7. The learned counsel for the Respondent has submitted that there is no

    further amount due and payable by the Revision Petitioner and that the

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    Revision Petitioner has agreed to extend his full cooperation for

    withdrawal of the amount of Rs.14,26,895/-, being 20% of the fine

    amount, deposited by the Revision Petitioner, before the Trial Court, and

    thus, no amount is due against the Revision Petitioner.

    8. The learned counsel for the Revision Petitioner has further submitted that

    on the basis of change in circumstances, the parties have entered into a

    Joint Memorandum of Compromise and hence, the learned counsel prayed

    this Court to compound the offence and to acquit the Revision Petitioner.

    9. In support of his arguments, learned counsel for the Revision Petitioner has

    submitted that in the case of Damodar S. Prabhu vs. Sayed Babalal H

    reported at 2010 (2) SCC (Cri) 1328, the Hon’ble Apex Court had

    formulated the guidelines for compounding the offence under section 138

    of Negotiable Instruments Act, wherein in para 21, it was pleased to

    observe as under :-

    “With regard to the progression of litigation in cheque bouncing
    cases, the learned Attorney General has urged this Court to frame
    guidelines for a graded scheme of imposing costs on parties who
    unduly delay compounding of the offence. It was submitted that the
    requirement of deposit of the costs will act as a deterrent for delayed
    composition, since at present, free and easy compounding of
    offences at any stage, however belated, gives an incentive to the
    drawer of the cheque to delay settling the cases for years. An
    application for compounding made after several years not only
    results in the system being burdened but the complainant is also
    deprived of effective justice. In view of this submission, we direct
    that the following guidelines be followed:-

    THE GUIDELINES

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    (i) In the circumstances, it is proposed as follows:

    (a) That directions can be given that the Writ of Summons be
    suitably modified making it clear to the accused that he could make
    an application for compounding of the offences at the first or second
    hearing of the case and that if such an application is made,
    compounding may be allowed by the court without imposing any
    costs on the accused.

    (b) If the accused does not make an application for compounding as
    aforesaid, then if an application for compounding is made before the
    Magistrate at a subsequent stage, compounding can be allowed
    subject to the condition that the accused will be required to pay
    10% of the cheque amount to be deposited as a condition for
    compounding with the Legal Services Authority, or such authority as
    the Court deems fit.

    (c) Similarly, if the application for compounding is made before the
    Sessions Court or a High Court in revision or appeal, such
    compounding may be allowed on the condition that the accused pays
    15% of the cheque amount by way of costs.

    (d) Finally, if the application for compounding is made before the
    Supreme Court, the figure would increase to 20% of the cheque
    amount.”

    10. The learned counsel for the Revision petitioner also submitted that in the

    case of M/s Meters and Instruments Private Limited and another vs.

    Kanchan Mehta reported at 2017 (7) Supreme 558, the Hon’ble the Apex

    Court in para 18, was pleased to observe as under :-

    i) Offence under Section 138 of the Act is primarily a civil wrong.

    Burden of proof is on accused in view presumption under Section
    139
    but the standard of such proof is “preponderance of
    probabilities”. The same has to be normally tried summarily as per
    provisions of summary trial under the Cr.P.C. but with such
    variation as may be appropriate to proceedings under Chapter
    XVII of the Act
    . Thus read, principle of Section 258 Cr.P.C. will
    apply and the Court can close the proceedings and discharge the
    accused on satisfaction that the cheque amount with assessed costs
    and interest is paid and if there is no reason to proceed with the

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    punitive aspect.

    (ii)The object of the provision being primarily compensatory,
    punitive element being mainly with the object of enforcing the
    compensatory element, compounding at the initial stage has to be
    encouraged but is not debarred at later stage subject to
    appropriate compensation as may be found acceptable to the
    parties or the Court.

    (iii)Though compounding requires consent of both parties, even in
    absence of such consent, the Court, in the interests of justice, on
    being satisfied that the complainant has been duly compensated,
    can in its discretion close the proceedings and discharge the
    accused.

    (iv)Procedure for trial of cases under Chapter XVII of the Act has
    normally to be summary. The discretion of the Magistrate under
    second proviso to Section 143, to hold that it was undesirable to try
    the case summarily as sentence of more than one year may have to
    be passed, is to be exercised after considering the further fact that
    apart from the sentence of imprisonment, the Court has
    jurisdiction under Section 357(3) Cr.P.C. to award suitable
    compensation with default sentence under Section 64 IPC and with
    further powers of recovery under Section 431 Cr.P.C. With this
    approach, prison sentence of more than one year may not be
    required in all cases.

    (v) Since evidence of the complaint can be given on affidavit,
    subject to the Court summoning the person giving affidavit and
    examining him and the bank’s slip being prima facie evidence of
    the dishonour of cheque, it is unnecessary for the Magistrate to
    record any further preliminary evidence. Such affidavit evidence
    can be read as evidence at all stages of trial or other proceedings.
    The manner of examination of the person giving affidavit can be as
    per Section 264 Cr.P.C. The scheme is to follow summary
    procedure except where exercise of power under second proviso to
    Section 143 becomes necessary, where sentence of one year may
    have to be awarded and compensation under Section 357(3) is
    considered inadequate, having regard to the amount of the cheque,
    the financial capacity and the conduct of the accused or any other
    circumstances’.

    11. The learned counsel for the Revision Petitioner further has relied upon the

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    judgment of Gujarat High Court in the case of Kripal Singh Pratap Singh

    Ori vs. Salvinder Kaur Hardip Singh reported at 2004 Crl. L. J. 3786

    wherein, the Gujarat High Court was pleased to observe as under:-

    “31. In the circumstances, it is hereby declared that the compromise
    arrived between the parties to this litigation out of court is accepted
    as genuine and the order of conviction and sentence passed by the
    learned JMFC, Vadodara and confirmed in appeal by the learned
    Sessions Judge, Fast Track Court, Vadodara, therefore, on the given
    set of facts are hereby quashed and set aside as this court intends,
    otherwise to secure the ends of justice as provided under section 482
    Cr.P.C. Obviously the order disposing Revision Application would
    not have any enforceable effect.”

    12. The learned counsel for the Revision Petitioner has also relied upon the

    judgment of Hon’ble the Apex Court in the case of Vinay Devanna Nayak

    vs. Ryot Seva Sahkari Bank Limited reported at AIR 2008 SC 716

    wherein the Hon’ble Apex Court was pleased to observe as under :-

    “18. Taking into consideration even the said provision (Section 147)
    and the primary object underlying Section 138, in our judgment,
    there is no reason to refuse compromise between the parties. We,
    therefore, dispose of the appeal on the basis of the settlement arrived
    at between the appellant and the respondent.

    19. For the foregoing reasons the appeal deserves to be allowed and
    is accordingly allowed by holding that since the matter has been
    compromised between the parties and the amount of Rs.45,000/- has
    been paid by the appellant towards full and final settlement to the
    respondent-bank towards its dues, the appellant is entitled to
    acquittal. The order of conviction and sentence recorded by all
    courts is set aside and he is acquitted of the charge levelled against
    him.”

    13. The learned Counsel for the Revision Petitioner submits that this Court has

    already decided a similar issue, vide judgment and order, dated 19.09.2025

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    in Crl.R.C.(MD)No.875 of 2025 [K.Balachenniappan Vs Jeyakrishnan].

    The learned counsel argues that the present revision petitioner’s case is

    fully covered by the aforesaid judgment and prays that the present

    Revision Petition may be disposed of in the same terms.

    14. The learned counsel for the Revision Petitioner has further argued that the

    law regarding compounding of offences under the Negotiable Instruments

    Act is very clear and is no more res-integra and that the offences under the

    Negotiable Instruments Act can be compounded, even at any stage of the

    proceedings. The learned counsel submits that in terms of the aforesaid

    law laid down by the Hon’ble Supreme Court, the parties may be permitted

    to compound the offence and the conviction of the Revision Petitioner be

    set aside.

    15. The learned counsel for the Respondent has submitted that in view of the

    said Joint Memo of Compromise, entered into between the parties and the

    matter has been settled amicably between the parties, the Respondent has

    no objection for compounding the offence and the parties may be

    permitted to compound the offence and the conviction of the Revision

    Petitioner may be set aside.

    16. This Court considered the submissions of the learned counsel for the

    Petitioner and the learned counsel for the Respondent and also perused the

    entire materials placed on record.

    17. Considering the facts as narrated above, the following question arose for

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    consideration:-

    ‘Whether the order passed by the Appellate Court confirming the
    conviction of the trial court under section 138 of Negotiable
    Instruments Act can be nullified by the High Court on the basis of
    compromise entered between the parties’

    18. Before answering the aforesaid question as framed, it is pertinent to

    examine the relevant provisions of the BNSS as well as the Negotiable

    Instrument Act, namely, Section 359 of BNSS and Section 147 of

    Negotiable Instruments Act, which read as under:-

    Section 359 of BNSS:- Compounding of Offences –

    1) The offences punishable under the sections of the Bharatiya
    Nyaya Sanhita, 2023 specified in the first two columns of the
    Table next following may be compounded by the persons men-

    tioned in the third column of that Table:-

    2)The offences punishable under the sections of the Bharatiya
    Nyaya Sanhita, 2023 specified in the first two columns of the
    Table next following may, with the permission of the Court be-

    fore which any prosecution for such offence is pending, be com-
    pounded by the persons mentioned in the third column of that
    Table:-

    3) When an offence is compoundable under this section, the
    abetment of such offence or an attempt to commit such offence
    (when such attempt is itself an offence) or where the accused is
    liable under sub section (5) of section 3 or section 190 of the
    Bharatiya Nyaya Sanhita, 2023 (45 of 2023), may be compoun-

    ded in like manner.

    (4)(a) When the person who would otherwise be competent to
    compound an offence under this section is a child or of unsound
    mind, any person competent to contract on his behalf may, with
    the permission of the Court, compound such offence; (b) When
    the person who would otherwise be competent to compound an
    offence under this section is dead, the legal representative, as
    defined in the Code of Civil Procedure, 1908 (5 of 1908) of

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    such person may, with the consent of the Court, compound such
    offence.

    (5) When the accused has been committed for trial or when he
    has been convicted and an appeal is pending, no composition
    for the offence shall be allowed without the leave of the Court
    to which he is committed, or, as the case may be, before which
    the appeal is to be heard.

    (6) A High Court or Court of Session acting in the exercise of
    its powers of revision under section 442 may allow any person
    to compound any offence which such person is competent to
    compound under this section.

    (7) No offence shall be compounded if the accused is, by reason
    of a previous conviction, liable either to enhanced punishment
    or to a punishment of a different kind for such offence.

    (8) The composition of an offence under this section shall have
    the effect of an acquittal of the accused with whom the offence
    has been compounded.

    (9) No offence shall be compounded except as provided by this
    section.

    Section 147 of the Negotiable Instrument Act :’

    “Notwithstanding anything contained in the Code of Criminal
    Procedure
    , 1973 (2 of 1974), every offence punishable under this
    Act shall be compoundable.”

    19. It is well settled that inherent power of the Court can be exercised only

    when no other remedy is available to the litigants and nor a specific

    remedy as provided by the statute. It is also well settled that if an effective,

    alternative remedy is available, the High Court will not exercise its

    inherent power, especially when the Revision Petitioner may not have

    availed of that remedy. The power can be exercised by the High Court to

    secure the ends of justice, prevent abuse of the process of any court and to
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    make such orders as may be necessary to give effect to any order under

    this Code or Act, depending upon the facts of the given case. This Court

    can always take note of any miscarriage of justice and prevent the same

    by exercising its power. These powers are neither limited, nor curtailed by

    any other provision of the Code or Act. However, such inherent powers

    are to be exercised sparingly and with caution.

    20. In the instant case, it is true that the appeal was dismissed and the

    conviction and sentence was upheld by the appellate court, but it cannot be

    lost sight of the fact that this Court has power to intervene in exercise of

    its power only with a view to do the substantial justice or to avoid a

    miscarriage and the spirit of compromise arrived at between the parties.

    This is perfectly justified and legal too.

    21. I have considered the judgments cited by the learned counsel for the

    Revision Petitioner and the other decisions of the Honourable Supreme

    Court and I do not think it necessary to enlist those decisions, which are

    taken into consideration for the purpose of the present proceedings.

    22. In the instant case, the Revision Petitioner is invoking the inherent power

    of this court after dismissal of the appeal confirming his conviction and

    sentence. In these circumstances, I have to examine as to whether for

    entertaining the aforesaid case, any special circumstances are made out or

    not, so it can be legitimately argued and inferred and held that in all cases

    where the Revision Petitioner is able to satisfy this Court that there are

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    special circumstances which can be clearly spelt out subsequent

    proceeding invoking inherent power of this court can be modified and

    cannot be thrown away on that technical argument as to its sustainability

    once the contesting parties entered into subsequent compromise.

    23. In view of the decisions rendered in the judgment dated 19.09.2025 in

    Crl.R.C.(MD)No.875 of 2025 [K.Balachenniappan Vs Jeyakrishnan] and

    taking into account the fact that the parties have settled the dispute

    amicably by way of compromise, this Court is of the view that the

    compounding of the offence as required to be permitted.

    24. In view of the settlement arrived at between the parties and the Joint

    Memo of Compromise, this Court is of the view that the dispute between

    the parties has been amicably resolved. Section 147 of the Negotiable

    Instruments Act provides that offences punishable under the said Act shall

    be compoundable. Since the Respondent/Complainant has voluntarily

    agreed for settlement and has received the entire amount agreed between

    the parties, there is no impediment for this Court to permit compounding of

    the offence in the interest of justice.

    25. In the result, this Criminal Revision Case is disposed of, in terms of

    Joint Memorandum of Compromise, arrived at between the parties to

    this litigation out of Court.

    26. The impugned conviction and sentence made in the judgement of

    conviction and sentence, dated 29.01.2026, passed in CA.No.662 of 2023,

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    by the IV Additional Sessions Judge, City Civil Court, Chennai,

    confirming the judgement of conviction and sentence, dated 09.03.2023,

    passed in CC.No.1281 of 2016, by the Metropolitan Magistrate, FTC

    No.IV, George Town, Chennai., are hereby modified.

    27. The conviction and sentence made under Section 138 of the Negotiable

    Instruments Act in CC.No.1281 OF 2016 stands anulled as this Court

    intends, otherwise to secure the ends of justice. The Revision Petitioner

    shall be treated as acquitted on account of compounding of the offence

    with the complainant/person affected.

    28. The Respondent is permitted to file appropriate application before the Trial

    Court for withdrawal of the aforesaid amount of Rs.14,26,895/-, deposited

    by the Revision Petitioner before the Trial Court, within a period of three

    weeks from the date of receipt of a copy of this order and if any such

    application is filed by the Respondent, the Trial Court is directed to release

    the aforesaid amount, with accrued interest, in favour of the Respondent,

    within a period of three weeks thereafter.

    29. The Registry is directed to send a copy of this order to the Trial Court

    concerned for its compliance and information, immediately.

    30-07-2026
    Index: Yes/No
    Speaking/Non-speaking order
    Neutral Citation: Yes/No

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    SRCM

    To

    1. The XV Additional Sessions Judge, City Civil Court at Chennai

    2. The Metropolitan Magistrate, Fast Track Court No.IV, George Town,
    Chennai

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    SHAMIM AHMED, J.

    SRCM

    CRL RC No. 730 of 2026

    30-07-2026

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