2020 (8) TMI 685 - GUJARAT HIGH COURT - Indian Laws

Head Note / Extract:
Dishonor of Cheque - insufficiency of funds - settlement has been reached already - HELD THAT:- Having gone through the material on record, it appears that in respect of the impugned order dated 7.12.2019, a specific settlement has taken place in writing which settlement has been produced on record which is reflecting on page-51 which is signed by the parties and the learned advocate appearing on behalf of respondent No.2 has confirmed this fact of settlement in true sense. Additionally, it is also visible from the record that on page-59 of the affidavit filed by respondent No.2 on oath, confirming the terms of the settlement. The present application stands allowed.