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Bangalore District Court

For The Offence Punishable U/S.138 Of vs No.2 I.E. Susheelkumar Bansal And ... on 14 February, 2017

         CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
         11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
         and 11836/15.
        IN THE COURT OF THE XV ADDL CHIEF METROPOLITAN
                  MAGISTRATE: BANGALORE CITY.

                     Dated this the 14th day of February 2017
                         Present: Sri.V.S.Pandit,B.A.,LL B.,
                               XV Addl.C.M.M., Bangalore.

                       Judgment U/s.355 of the Cr.P.C. 1973.


Sl.
          Case No.             Complainant Name                     Accused Name
No
1       11823/2015       Ms.Divya Chugh,                    Rahul Bansal
                         D/o.Vikram Chugh,                  Proprietor, M/s Global Steel
                         Aged about 21 years,               Corporation
                         No.16, 7th Cross,                  No.80, Road No.4, Phase-II,
                         Kumara Park West,                  KIADB, Arkere Post,
                         Bangalore-20.                      Antharasanahalli, Tumkur.
                         Represented by her SPA
                         Holder, Mr.Vikram Chugh


    2   11824/2015       Mr.Ramesh Sachdev                  Ashish Bansal
                         S/o.Muralidhar                     Proprietor, M/s Ashish Trading
                         Aged about 52 years,               Company, No.86, Near KHT
                         No.27, 4th Block, 3rd Cross,       Complex, Madhugiri Road,
                         Opp. Jain Temple, KP.West          Arkere Post, Antharasanahalli,
                         Bangalore-20.                      Tumkur.
                         Represented by her SPA
                         Holder, Mr.Vikram Chugh

    3   11825/2015       Mrs. Anuradha Srichand W/o         Ashish Bansal
                         Srichand Ramchand,                 Proprietor, M/s Ashish Trading
                         Aged about 52 years,               Company, No.86, Near KHT
                         Flat No.F4, 4th Floor, Krishna     Complex, Madhugiri Road,
                         Glade, 1st Main Road,              Arkere Post, Antharasanahalli,
                         Sheshadripuram, Bangalore.         Tumkur.
                         Represented by her SPA
                         Holder, Mr.Vikram Chugh


                                              1
      CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
     11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
     and 11836/15.

4   11826/2015       Mrs. Anuradha Srichand W/o         Ashish Bansal
                     Srichand Ramchand,                 Proprietor, M/s Ashish Trading
                     Aged about 52 years,               Company, No.86, Near KHT
                     Flat No.F4, 4th Floor, Krishna     Complex, Madhugiri Road,
                     Glade, 1st Main Road,              Arkere Post, Antharasanahalli,
                     Sheshadripuram, Bangalore.         Tumkur.
                     Represented by her SPA
                     Holder, Mr.Vikram Chugh

5   11828/2015       Mr.Sanjay Sachdev                  Ashish Bansal
                     S/o Ramesh Sachdev,                Proprietor, M/s Ashish Trading
                     Aged about 29 years,               Company, No.86, Near KHT
                     No.27, 4th Block, 3rd Cross,       Complex, Madhugiri Road,
                     Opp. Jain Temple, KP.West          Arkere Post, Antharasanahalli,
                     Bangalore-20.                      Tumkur.
                     Represented by her SPA
                     Holder, Mr.Vikram Chugh


6   11840/2015       Mr.Sunilkumar Shamsundar           Rahul Bansal
                     S/o Sham Sundar Gobind Ram         Proprietor, M/s Global Steel
                     Aged about 47 years,               Corporation
                     No.47, Balaji Krupa, Dena          No.80, Road No.4, Phase-II,
                     Bank Colony, 2nd Main, 3rd         KIADB,        Arkere      Post,
                     Cross, Ganga nagar,                Antharasanahalli, Tumkur.
                     Bangalore-32.
                     Represented by her SPA
                     Holder, Mr.Vikram Chugh

7   11841/2015       Mr.Yogesh.G.R.                     Ashish Bansal
                     S/o Gopichand                      Proprietor, M/s Ashish Trading
                     Aged about 35 years,               Company, No.86, Near KHT
                     No.105 and 106                     Complex, Madhugiri Road,
                     Jalaprasad, 11th Cross,            Arkere Post, Antharasanahalli,
                     Nagappa Street, P.G.Halli,         Tumkur.
                     Bangalore-3.
                     Represented by her SPA
                     Holder, Mr.Vikram Chugh




                                          2
       CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
      11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
      and 11836/15.
8    11839/2015       Mr.Sunilkumar Shamsundar           Rahul Bansal
                      S/o Sham Sundar Gobind Ram         Proprietor, M/s Global Steel
                      Aged about 47 years,               Corporation
                      No.47, Balaji Krupa, Dena          No.80, Road No.4, Phase-II,
                      Bank Colony, 2nd Main, 3rd         KIADB,        Arkere      Post,
                      Cross, Ganga nagar,                Antharasanahalli, Tumkur.
                      Bangalore-32.
                      Represented by her SPA
                      Holder, Mr.Vikram Chugh

9    11838/2015       Mr.Amit S.Kalro                    Rahul Bansal
                      S/o Sunil Kumar.S.                 Proprietor, M/s Global Steel
                      No.47, Balaji Krupa, Dena          Corporation
                      Bank Colony, 2nd Main, 3rd         No.80, Road No.4, Phase-II,
                      Cross, Ganga nagar,                KIADB,       Arkere     Post,
                      Bangalore-32.                      Anhaasanahalli, Tumkur.
                      Represented by her SPA
                      Holder, Mr.Vikram Chugh

10   11822/2015       Srichand Ramchand Kinger           Rahul Bansal
                      S/o Ramchand Kinger                Proprietor, M/s Global Steel
                      Aged about 52 years,               Corporation
                      Flat No.F4, 4th Floor, Krishna     No.80, Road No.4, Phase-II,
                      Glade, 1st Main Road,              KIADB, Arkere Post,
                      Sheshadripuram, Bangalore.         Anhaasanahalli, Tumkur.
                      Represented by her SPA
                      Holder, Mr.Vikram Chugh

11   11829/2015       Smt.Jaidevi Chugh       1) M/s Sri Sai Baba Industries
                      W/o Raghumal Chugh         5354, Between 8th & 9th
                      Aged about 89 years,       Cross, Mec Colony,
                              th
                      No.16, 7 Cross,            Rajgopal Nagara, Laggere,
                      Kumara Park West,          Bangalore.
                      Bangalore-20.
                      Represented by her SPA Rep. By its Partners,
                      Holder, Mr.Vikram Chugh
                                              2) Mr.Sushil Kumar Bansal

                                                         3) Mrs.Bimala Devi Bansal




                                           3
       CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
      11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
      and 11836/15.



12   11830/2015       Mrs.Rekha Chugh,        1) M/s Sri Sai Baba Industries
                      W/o.Manoharlal Chugh,      5354, Between 8th & 9th
                      Aged about 66 years,       Cross, Mec Colony,
                              th
                      No.16, 7 Cross,            Rajgopal Nagara, Laggere,
                      Kumara Park West,          Bangalore.58
                      Bangalore-20.
                      Represented by her SPA Rep. By its Partners,
                      Holder, Mr.Vikram Chugh
                                              2) Mr.Sushil Kumar Bansal

                                                         3) Mrs.Bimala Devi Bansal

13   11833/2015       Mrs.Kanchan Sunil.Kalro    1) M/s Sri Sai Baba Industries
                      W/o Sunil Kumar.S.            5354, Between 8th & 9th
                      No.47, Balaji Krupa, Dena     Cross, Mec Colony,
                                      nd      rd
                      Bank Colony, 2 Main, 3        Rajgopal Nagara, Laggere,
                      Cross, Ganga nagar,           Bangalore.58
                      Bangalore-32.
                      Represented by her SPA Rep. By its
                      Holder, Mr.Vikram Chugh    Partners/Authorized Signatory

                                                         2) Mr.Sushil Kumar Bansal

                                                         3) Mrs.Bimala Devi Bansal

14   11834/2015       Mrs.Pooja Vikram Chugh, 1) M/s Sri Sai Baba Industries
                      W/o.Vikram Chugh,          5354, Between 8th & 9th
                      Aged about 42 years,       Cross, Mec Colony,
                              th
                      No.16, 7 Cross,            Rajgopal Nagara, Laggere,
                      Kumara Park West,          Bangalore.58
                      Bangalore-20.
                      Represented by her SPA Rep. By its
                      Holder, Mr.Vikram Chugh Partners,/Authorized signatory:

                                                         2) Mr.Sushil Kumar Bansal

                                                         3) Mrs.Bimala Devi Bansal




                                           4
       CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
      11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
      and 11836/15.
15   11835/2015       Mr.Vikram Chugh,                   1) M/s Sri Sai Baba Industries
                      S/o.M.R. Chugh,                       5354, Between 8th & 9th
                      Aged about 47 years,                  Cross, Mec Colony,
                      No.16, 7th Cross,                     Rajgopal Nagara, Laggere,
                      Kumara Park West,                     Bangalore.58
                      Bangalore-20.
                                                         Rep. By its
                                                         Partners,/Authorized signatory:

                                                         2) Mr.Sushil Kumar Bansal

                                                         3) Mrs.Bimala Devi Bansal




16   11836/2015       Mr.Vikram Chugh,                   1) M/s Sri Sai Baba Industries
                      S/o.M.R Chugh,                        5354, Between 8th & 9th
                      Aged about 47 years,                  Cross, Mec Colony,
                      Proprietor:-                          Rajgopal Nagara, Laggere,
                      M/s.Chamundeshwari                    Bangalore.58
                      Enterprises,
                      No.16, 7th Cross,                  Rep. By its
                      Kumara Park West,                  Partners,/Authorized signatory:
                      Bangalore-20.
                                                         2) Mr. Sushil Kumar Bansal

                                                         3) Mrs.Bimala Devi Bansal




      4.The offence complained of U/s.138 of Negotiable
                                  Instruments Act.
      :
      5.Plea of the accused:                 Pleaded not guilty.

      6.Final Order:                         Acting U/s.255(1) Cr.P.C.,
                                             accused is Acquitted.



                                           5
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
7.Date of final Order                  14th day of February-2017.


                                    -----------
       1.   The     accused      has      been    prosecuted      by    the

complainant        for   the    offence     punishable       U/s.138      of

Negotiable Instrument Act - 1881 (hereinafter referred as NI

Act for brevity)

      2.     Case of the complainant in brief are as under -

      a.     In CC.No.11836/15 one Vikram Chugh was the

complainant and in all other cases he is representing the

complainant as Power of Attorney Holder.                   Since all the

cases are arising out the same transaction, the date of

alleged advancement of the loan, the date of issuance of the

cheques purpose for which the alleged was advanced are

one and the same. Apart from that accused in CC.11829/15

Accused No.2 i.e. Susheelkumar Bansal and Accused No.3

Bimla Devi Bansal are the parents of Rahul Bansal, Ashish

Bansal who were the accused in other cases. The counsel

for the accused has cross examined the P.A.holder in this

case and filed Memo of adoption to adopt the evidence in

other cases also. The learned counsel for the complainant

has submitted No objection for this. Therefore, in order to


                                     6
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
avoid repetition of facts and appreciation of evidence all the

cases have been clubbed together and common Judgment is

delivered.

      b.     It is the case of the Complainant that for the

purpose of business on 26.11.2014 accused have borrowed

a   sum      of   Rs.2,50,000/-       and    executed        On   Demand

Promissory Note and consideration receipt. After persistent

demand,       accused      issued     a     cheque     for   a    sum     of

Rs.2,50,000/- drawn on Axis Bank Limited, Peenya Branch,

Bengaluru on 27.01.2015.

      c.     The cheque has been presented for encashment

through Axis Bank, Malleshwaram Branch, Bengaluru. The

cheque was dishonoured for the reason "Payment Stopped

by the Drawer". Thereafter on 26.02.2015 demand notice

was issued. Said notice is duly served upon the accused on

28.02.2015. Despite service of notice, accused did not

bother to make the payment. As such, the complainant is

constrained to file the complaint.


      3. After taking cognizance, this court issued summons

to the accused.         In response to the summons, accused

appeared and was enlarged on bail. Plea for the offence was

                                     7
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
read over and explained to the accused. Accused pleaded

not guilty and pleads his innocence.


      4. To sustain the charge leveled against the accused,

the complainant examined himself as PW.1 and got marked

the   documents        at   Ex.P.1       to   P.7   on   behalf    of   the

complainant.


      5. After conclusion of the evidence of the complainant,

statement of the accused u/s.313 Cr.P.C., was recorded.

Accused denied the evidence and documents as false. The

accused examined himself as DW-1 and got marked Ex.D.1

document on his behalf.


      6. Heard both sides.


      7. The points that arise for my consideration are as
under:-
             1) Whether the complainant has proved that
             cheques were issued by the accused for
             discharge of legally enforceable debt, the
             same was returned unpaid for the reason
             "Payment Stopped by the Drawer" notice
             was not complied. Hence accused committed
             an offence under Sec.138 of N.I. Act ? ?


                                     8
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
              2)     What Order ?
   8. My findings on the above points are as follows:
             Point No.1 : In the Negative,
      Point No.2 : As per final Order, for the following;



                                   REASONS


   9. Point No.1 -         It is the case of the complainant that

for the purpose of business a sum of Rs.2,50,000/- was

paid and to discharge the liability accused has issued a

cheque. On presentation, cheque was returned unpaid for

the reason "Payment stopped by the Drawer". Despite

service of notice, accused did not bother to make the

payment.


      10.    It is the case of the accused that they did not

borrow money from the complainant as alleged. Apart from

that the father of the accused had borrowed a sum of Rs.7

lakhs to 8 lakhs for the purpose of business. At that point

of time disputed cheques have been issued for security

purpose.      Further blank Demand Promissory Note and

cheques have been issued for security purpose. Loan has

been cleared long back. There was a dispute with regard to


                                     9
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
the payment of interest. No any transaction took place in

the year 2014. Cheque was issued to Vikram Chugh before

2012. The cheque in question is never issued for discharge

of liability.


      11. It is no doubt, true that signature and drawing of

the cheque from the account of the accused is not denied

therefore initial presumption has to be drawn that cheque in

question is issued for discharge of liability. However, said

presumption is rebuttal in nature and it is for the accused

to rebut the presumption by placing direct or circumstantial

evidence. The onus is that of preponderance of probabilities.

Accused need not put forth his defence beyond all

reasonable doubt.


      12. On careful perusal of the cross examination

directed P.A. holder of the complainant wherein it is stated

that since 30 year he is running real estate business and

share business. It is further stated since four years he is

submitting Income Tax returns. It is also admitted that PW-

1 is aware of the legal procedure wherein in excess of

Rs.20,000/- shall have to be paid by way of D.D. or cheque.



                                     10
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
In further lines it is stated by PW-1 that the amount paid to

the accused is reflected in the Income Tax returns. It is also

stated    that    complainant        will   not    produce      the    said

documents. Apart from it is also stated that complainant is

having records to show that he is running real estate as well

as share business.         It is stated that prior to the present

transaction accused had previously for a period of three to

four times had transacted financially with the complainant.

At that point of time accused has executed D.P note and

also handed over the property records.


      13. In further lines the complainant has admitted

that in the disputed cheque signature has been made by

using the Black ink pen, whereas other contents have been

written by using Blue ink pen.               It is also admitted that

contents written in the disputed cheque i.e Ex.P.2 tallies

with the handwriting made in the D.P note as per Ex.P.4.

Apart from that the complainant has also admitted that he

cannot exactly say who has written the contents of disputed

cheque as well as D.P note. It is also admitted, in all cases

which is referred above the signature and writing in the

disputed cheque had been written by using different pen.


                                     11
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.

       14. The above cross examination has to be taken into

consideration in the light of the averments made in other

CC cases wherein there is a similar allegation of payment of

loan on the same day and receipt of the cheque on the

same. Particulars of CC numbers and amounts advanced in

other cases is stated below so as to appreciate case

respective parties:-


(1) CC.No.22841/2015 alleged advancement of                     loan
      to the extent of Rs.3,50,000/- on 26.11.2014.

(2) CC.No.11828/2015 alleged advancement of loan
      to the extent of Rs.3,75,000/- on 26.11.2014.

(3)    CC.No.11826/2015 alleged advancement of loan
      to the extent of Rs.2,50,000/- on 26.11.2014.

(4) CC.No.11825/2015 alleged advancement of loan to
      the extent of Rs.2,75,000/- on 26.11.2014.

(5) CC.No.11824/2015 alleged advancement of loan to
      the extent of Rs.4,25,000/- on 26.11.2014.

(6) CC.No.11840/2015 alleged advancement of loan to
      the extent of Rs.3,10,000/- on 26.11.2014.

(7) CC.No.11839/2015 alleged advancement of loan to
      the extent of Rs.2,90,000/- on 26.11.2014.



                                     12
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
(8) CC.No.11838/2015 alleged advancement of loan to
   the extent of Rs.2,75,000/- on 26.11.2014.

(9) CC.No.11828/2015 alleged advancement of loan to
   the extent of Rs.3,00,000/- on 26.11.2014.

(10) CC.No.11829/2015 alleged advancement of loan
   to the extent of Rs.2,50,000/- on 26.11.2014.

(11) CC.No.11830/2015 alleged advancement of loan
   to the extent of Rs.3,50,000/- on 26.11.2014.

(12) CC.No.11833/2015 alleged advancement of loan
   to the extent of Rs.2,75,000/- on 26.11.2014.

(13) CC.No.11834/2015 alleged advancement of loan
   to the extent of Rs.3,25,000/- on 26.11.2014.

(14) CC.No.11835/2015 alleged advancement of loan
   to the extent of Rs.2,50,000/- on 26.11.2014.

(15) CC.No.11836/2015 alleged advancement of loan
   to the extent of Rs.2,50,000/- on 26.11.2014.

(16) CC.No.11823/2015 alleged advancement of loan
   to the extent of Rs.2,50,000/- on 26.11.2014.


     15.     If the averments made in all cases and further if

the admission extracted above is examined in all cases

complainant        had     advanced       huge      amount       sum      of

Rs.48,00,000/- to the accused. As it could be seen that the


                                     13
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
amount have been alleged to paid on the same day                         on

26.11.2014. It is to be noticed that averments made in the

complaint discloses that all the cheques of the cases have

been issued on the same day i.e. on 27.01.2015. When the

huge amount of Rs.48,00,000/- is alleged to have been paid,

it is reasonable to expect from the complainant to furnish all

particulars with regard to the source of income.


     16.     It is relevant to observe that PW-1 though admits

that he possessed Income Tax returns, but further stated

that he cannot produce the documents.                     In this regard

adverse     inference     required        to   be   drawn    against     the

complainant for with holding the documents. Though the

complainant admits that he possessed records to show that

he engaged in the real estate business and share business,

but not produced the records.


     17.     The complainant states that he is not doing any

money lending business. What is relevant to observe that in

the D.P. note produced at Ex.P.4 i.e, there is a recital that

accused shall pay interest at 1.25% per month. Apart from

that the alleged loan was advanced on 26.11.2014 and the



                                     14
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
cheque was received on 27.01.2015 for the same amount.

No person would venture upon to advance huge amount of

Rs.48,00,000/- without charging any interest. Further it is

not the case of the complainant he is not aware of the legal

procedure that amount in excess of Rs.20,000/- shall have

be made by way of D.D or cheque only.                      Therefore the

present transaction is against to the statute.


     18.     It is significant to note that the complainant

admits which is extracted above that the signature and

other contents have been made by using two different pens.

Further it is also admitted that contents written in the

disputed cheque as per Ex.P.2 and D.P note as per Ex.P.4

handwriting in both the documents are identical in nature.

In further lines complainant has expressed ignorance with

regard to the person who has written Ex.P.2 cheque as well

as Ex.P.4. From the statement given by the complainant it

is to be inferred that admittedly blank signed cheques and

D.P notes have been issued and the same has been filled up

by some other person. The person who has alleges to have

advanced huge amount of Rs.48,00,000/-, under such

circumstances answer given by the complainant that he do


                                     15
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
not know the author of Ex.P.2 cheque as well as Ex.P.4 D.P

note make this court to observe that the transaction is not

genuine. It is also admitted by the complainant that on the

date of the transaction cheque was not obtained but the D.P

note was obtained. When the handwriting style in both D.P

note as well as cheque is identical in nature under such

circumstances when complainant admits that he do not

know who has written contents of Ex.P.2 and Ex.P.4 D.P

note and further nullifies case of the complainant that

cheque in question were issued by the accused for legally

enforceable      debt.      It   is   also   relevant     to   note    that

complainant admits that previously there was a transaction

between the parties and that point of time D.P notes were

obtained, but in further lines it is denied by complainant

that cheque was also obtained at that point of time.                    But

what is relevant to observe due to various defects glaring in

the case made out by the complainant, I am of the opinion

that the defence version that cheque issued for security

purpose for the loan availed cannot be ruled out.


     19.     Therefore after examination the entire material

placed on record by the complainant no source of income is


                                      16
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.
proved.      Further no records to show that on the date of

advancement of the loan complainant had possessed

sufficient amount.        No records to show that the amounts

were in fact paid to the accused.              Therefore, complainant

has failed to impress upon the court that presumption is

required to be drawn.


     20.     The learned counsel for the complainant has

relied upon the Judgment reported in the case of Rangappa

Vs.Mohan        where     it   is   stated      that    stop     payment

instructions sent by the accused attracts Section of

138.       No doubt, in this case cheque has been returned

unpaid for the reason "Account Closed".                     But what is

relevant to observe that the complainant has failed to

impress upon the court that there is a sufficient materials to

sustain the contention with regard to advancement of the

loan apart from that the various irregularities pointed out

above with regard to signature and writing of the contents in

the disputed cheque as well as in the D.P note at Ex.P.4. I

am of the opinion that the Judgment rendered by the

Hon'ble Supreme Court is not applicable to the facts of the

present case.


                                     17
 CC.No.11823/15, 11841/15.    11828/15, 11826/15, 11825/15,11824/15, 11840/15,
11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15
and 11836/15.

      21. The material placed on record by the complainant

is not sufficient to rebut the presumption. On the contrary,

material placed on record by the accused is sufficient to

rebut the presumption. As such, I answer the above point

No.1 in the Negative.


      22. Point No.2 : In the result, I proceed to pass the

following:-

                                 ORDER

Acting Under Sec.255(1) Cr.P.C., the accused is Acquitted for the offence punishable u/s.138 NI Act.

Bail bond and surety bond of the accused shall stands cancelled.

Copy of the Judgment shall be kept in each and every CC cases.

(Dictated to the Stenographer, transcript thereof is computerized and printout taken by him, is verified and then pronounced by me in Open Court on this the 14th day of February 2017.) (V.S.PANDIT), XV Addl. CMM., Bangalore.

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CC.No.11823/15, 11841/15. 11828/15, 11826/15, 11825/15,11824/15, 11840/15, 11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15 and 11836/15.

ANNEXURE Witnesses examined for the Complainant:-

PW.1 Vikram Chugh Documents marked for the Complainant:-

Ex.P.1                 S.P.A.
Ex.P.2                Original Cheque,
Ex.P.2(a)             Signature of the accused,
Ex.P.3                Bank Endorsement,
Ex.P.4                D.P.Note,
Ex.P.4(a)             Signature of the accused,
Ex.P.5                Copy of the legal notice,
Ex.P.6                Postal Acknowledgement,
Ex.P.7.               Postal Envelope.

Witnesses examined For Defence:-

DW.1 Rahul Bansal.

Documents marked for Defence:-

Ex.D.1 Endorsement given by the Bank XV Addl.CMM., Bangalore.
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CC.No.11823/15, 11841/15. 11828/15, 11826/15, 11825/15,11824/15, 11840/15, 11839/15,11838/15, 11822/15, 11829/15,11830/15, 11837/15, 11834/15,11835/15 and 11836/15.
14.02.2017 (Judgment pronounced vide separate sheet) ORDER Acting Under Sec.255(1) Cr.P.C., the accused is Acquitted for the offence punishable u/s.138 NI Act.

Bail bond and surety bond of the accused shall stands cancelled.

Copy of the Judgment shall be kept in each and every CC cases.

(V.S.PANDIT), XV ACMM., Bangalore.

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