JHAVERILAL MISHRIMAL GOYAL @ JAIN vs STATE OF MAHARASHTRA

The Supreme Court allowed the appeal and set aside the conviction of the appellant, ordering his acquittal after the parties reached a compromise. The petitioner agreed to pay an additional Rs. 2.50 lakhs, complementing the Rs. 14.50 lakhs already deposited in court. The court permitted the respondent to withdraw the deposited amounts along with accrued interest, emphasizing the importance of settlement in criminal matters.