N. P. Murugesan vs C. Krishnamurthy

The Supreme Court set aside the conviction and sentence under Section 138 of the Negotiable Instruments Act, 1881, after noting that the cheque amount had been paid and acknowledged by the respondent. The Court emphasized the need for complete justice in the peculiar circumstances of the case and allowed the appeal, directing the appellant to pay Rs.10,000 to the Mediation Centre within four weeks. This decision effectively concludes the litigation between the parties.