This is an appeal filed under Section 374(3) of the
Code of Criminal Procedure, 1973, challenging the legality,
correctness, and propriety of the judgment of conviction
and order of sentence dated 17/08/2023 passed by the
learned XXVII Additional Chief Metropolitan Magistrate,
Bengaluru City in C.C. No.3522/2015, convicting the
appellants for the offence punishable under Section 138 of
the Negotiable Instruments Act, 1881, and sentencing
them to pay fine of Rs.3,85,50,000/-, directing payment of
Rs.3,85,00,000/- to the complainant by way of
compensation and Rs.50,000/- to the State, and further
directing that in default of payment of fine, accused No.2
shall undergo simple imprisonment for a period of two
years.
