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[Cites 29, Cited by 0]

Delhi District Court

One Of The Grounds Urged On Behalf Of The vs . on 23 February, 2013

              IN THE COURT OF SH. SAURABH PARTAP SINGH LALER
                             METROPOLITAN MAGISTRATE­06 (East),
                                    KARKARDOOMA COURTS, DELHI.
CC No.                : 926/07

PS                    : Mandawali

Offence complained of : 138 N.I. Act 

Unique Case ID No. : 02402R0179362007

The Akarshan Co­operative Thrift & Credit
Society Ltd.
857/4A, Main Road Mandawali, Delhi­92.
                                                                                      .............. Complainant
                                                                 Vs.

Manohar Lal S/o Late Sh. Har Chandi 
R/o 38/3, Varun Niketan, Pitampura, Delhi­88.
DIV ® East, E­Block, Preet Vihar, Delhi Jal Board, Preet Vihar, Delhi.
                                                                                     .............  Accused

Date of Institution                                       : 08.03.2007

Plea of accused                                           : Pleaded not guilty

Date of pronouncement                                     : 23.02.2013

Final Order                                               : Acquitted


            BRIEF STATEMENT OF THE REASONS FOR THE DECISION 

1. The   Complainant's   case   in   brief   is   that   the   accused   took   loan   from   the

    complainant for his personal use vide loan No.518 and the loan amount was also

    released  to the accused and  in discharge  of his overdue  liability the accused

    issued a cheque bearing No. 030507 dated 13.01.2007 of Rs.24,940/­ drawn on

    Post office Saving bank ND GPO­1  which on presentation got dishonored vide



 Page No.: 1 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
     memo   dated   16.1.2007   and   returned   back   with   remarks   "Insufficient   Funds".

    Thereafter,   a   Legal   Notice   dated   23.01.2007   Ex.   CW­1/C   was   sent   by

    complainant through his counsel by Regd. A.D. and UPC vide postal receipts Ex.

    CW­1/D and CW­1/E  on 27.01.2007.  However, despite that the accused failed

    to make any payment within the statutory period, hence, this complaint.

2. Complainant   led   pre­summoning   evidence   and   thereafter,   accused   was

    summoned u/s 138 N.I. Act vide order dated 8.03.2007.

3. Upon appearance of the accused, copies were supplied to the accused free of

    cost.  Notice was framed against the accused u/s 138 N.I. Act on 27.04.2009 to

    which the accused pleaded not guilty and claimed trial.

4. The matter  was thereafter  listed for complainant evidence  and in complainant

    evidence   CW­1   Nirmal   Singh   was   examined.   Statement   of   Accused   was

    recorded on 29.3.2012 and after that th accused lead Defence Evidence in which

    the   accused   examined   himself   and   he   also   examined   DW­1   Ashish   Kumar

    pandey from Registrar of Co­operative Society and DW­2 Hari Shyam. DE was

    closed on 5.11.2012.

5. The questions before the court for the disposal of the complaint are:­

                      (i) Whether the cheque in question was given by the accused to the

                          complainant in discharge of legally enforceable debt?­Disputed as

                          the accused in his testimony as DW­3 on oath stated that the

                          cheque   in   question   blank   signed   was   given   by   him   to   the

                          complainant society as security.

                      (ii)Whether the cheque in question was dishonored on presentation? ­

                          Undisputed, as   the  accused   never  disputed  the  fact   that  the

                          cheque was dishonored and this fact also stands proved from

                          the return memo Ex. CW­1/B.


 Page No.: 2 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
                       (iii)Whether   the   reason   for   dishonor   of   cheque   was   Insufficient

                          Funds?­Undisputed,   as   the   accused   never   disputed   that   the

                          cheque was dishonored because of aforesaid reason and this

                          fact also stands proved from the return memo Ex. CW­1/B.

                      (iv)Whether the cheque was presented within the period of 6 months

                          from the date when it was issued?­Undisputed, as the accused

                          never disputed that the cheque was presented in time and this

                          fact   also   stands   proved   from   Ex.   CW­1/A   wherein   date   of

                          cheque is 13.01.2007 and return memo Ex. CW­1/B and Legal

                          Notice dated 23.1.2007 which was sent on 27.1.2007.

                      (v)Whether   the   complainant   made   a   demand   for   the   payment   of

                          amount of money under the cheque by giving a notice in writing to

                          the   accused   within   15   days   of   receiving   information   as   regards

                          dishonor   of   cheque   from   the   bank?­Disputed,   as   the   accused

                          denied on oath as DW­3 that he had received legal notice. 

                      (vi)Whether the accused failed to make payment of cheque amount

                          within   15   days   of   receipt   of   said   notice?­Undisputed,   as   the

                          accused never took the defense that the payment was made by

                          him, rather, he took the defence that the cheque in question

                          was was given by him to the complainant society as security

                          for the loan taken by him form the complainant and that the

                          same was misused by the complainant.

6. On the basis of the evidence on record, complainant sought conviction on the

    ground that the cheque in question was given by accused towards repayment of

    the overdue amount of Rs.24,940/­.

7. On the other hand, Ld. Defence Counsel sought acquittal on the ground that the


 Page No.: 3 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
      cheque in question was issued as security cheque against the loan taken and

     that the said stolen cheque has been misused by the complainant by filing the

     present case.

8.  EVIDENCE   PRODUCED   BY   THE   COMPLAINANT   IN   SUPPORT   OF   THE 

     ALLEGATIONS:

                      In order to prove the allegations, CW­1 Nirmal Singh appeared in the

witness   box   as   CW­1   and   filed   his   affidavit   by   way   of   evidence   in   which   he

reiterated the allegations made by him in the complaint.  The documents produced

by the complainant and exhibited are:­

           (a)        Dishonored cheque bearing No. 030507 - Ex. CW­1/A.

           (b )       Returning Memo  - Ex. CW­1/B.

           (c)        Legal Notice dated 23.01.2007 - Ex. CW­1/C.

           (d)        Receipt of Regd. A.D. - Ex. CW­1/E.

           (e)        UPC - Ex. CW­1/D.

           (f )       Loan Bond ­ Ex. CW­1/X.

           (g)        Resolution - Ex.CW­1/Y

           (h)        Authorisation Letter - Ex.CW­1/Z



9.         PRESUMPTION :­

                      The   complainant   produced   the   original   cheque,   return   memo,   legal

notice and postal receipt/ courier receipt.  He also appeared as witness to support

his allegations with his testimony by way of affidavit.

                      Thus,   the   complainant   produced   sufficient   material   on   record   for

raising   the   mandatory   presumption,   which   is   required   to   be   raised   in   terms   of

section 118 (b) and section 139 of the Act, in favour of the holder of the cheque (the

complainant), that the same has been issued for discharge of any debt or liability.


 Page No.: 4 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
                       At this stage the court would like to refer to judgments of Apex Court,

i.e., NEPC Micon Ltd. Vs. Magma Leasing Ltd. 1999 4 SCC 253, MMTC Ltd. Vs.

Medchi Chemical and Pharma Pvt. Ltd. AIR 2002 SC 182  AND  Rangappa Vs.

Mohan AIR 2010 SC 1898.

                      In   the   said   judgments   after   detailed   discussion,   the   Apex   Court

observed   that   in   cases   where   the   cheques   are   dishonored   by   reason   of   stop

payment   instruction/   account   closed   an   offence   under   section   138   could   still  be

made out.  It has been held that the presumption under section 139 is attracted in

such a case also.  That even when the cheque is dishonored by reason of account

closed  by  virtue  of  Section  139  the  Court  has  to  presume  that  the  cheque  was

received by the holder for the discharge, in whole or in part, of any debt or liability.

Of course this is a rebuttable presumption.  

                      An argument was raised as regards the extent of presumption which

can be raised in favour of the complainant and against the accused.   While the

complainant submitted that the presumption is as regards legally enforceable debt,

the accused submitted that the presumption is as regards existence of debt only

and not as regards legally enforceable debt.

                      However   this   issue   now   stands   settled   in   the   light   of   the   judgment   titled

Rangappa Vs. Mohan AIR 2010 SC 1898 where a three Judges bench of the Apex Court

overruled   the   judgment   titled  Krishna   Janardhan   Bhat   Vs.   Dattatraya   G.   Hegde   AIR

2008 SC 1325 and observed in para 14 that

                                   "the  presumption mandated by Section 139 of the Act does indeed include
                                 the existence of a legally enforceable debt or liability.   To that extent, the
                                 impugned   observations   in   Krishna   Janardhan   Bhat   (Supra)   may   not   be
                                 correct. ...............this is of course in the nature of a rebuttable presumption
                                 and it is open to the accused to raise a defence wherein the existence of a
                                 legally enforceable debt or liability can be contested." (emphasis supplied)

                      The judgment titled  Hiten P. Dalal Vs. Bratindranath Banerjee, AIR 2001

Supreme Court 3897(1)  discusses the scope and ambit of the presumption raised under


 Page No.: 5 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
 section 139 N.I. Act in the following words :­

                                 "The   effect   of   these   presumptions   is   to   place   the   evidential   burden   on   the
                                 accused   of   proving   that   the   cheque   was   not   received   by   the   complainant
                                 towards the  dishcarge  of  any  liability.    Because  both  Sections  138  and  139
                                 require that the Court "shall presume" the liability of the drawer of the cheques
                                 for the amounts for which the cheques are drawn, as noted in it is obligatory
                                 on the Court to raise this presumption in every case where the factual basis for
                                 the   raising   of   the   presumption   had   been   established.     It   introduced   an
                                 exception to the general rule as to the burden of proof in criminal cases and
                                 shifts the onus on to the accused.   Such a presumption is a presumption of
                                 low, as distinguished from  a presumption of fact which describes provisions
                                 by which the Court "may presume" a certain state of affairs.  Presumptions are
                                 rules   of   evidence   and   do   not   conflict   with   the   presumption   of   innocence,
                                 because  by the  latter all that  is meant  is that  the prosecution  is obliged   to
                                 prove the case against the accused beyond reasonable doubt.  The obligation
                                 on the prosecution may be discharged with the help of presumptions of law or
                                 fact unless the accused adduces evidence showing the reasonable possibility
                                 of the non existence of the presumed fact."

                                 It is further held that :­

                                 "The   distinction   between   the   two   kinds   of   presumption   lay   not   only   in   the
                                 mandate to the Court, but also in the nature of the evidence required to rebut
                                 the two.   In the case of discretionary presumption  the presumption  if drawn
                                 may be rebutted by an explanation which 'might reasonably be true and which
                                 is consistent with the innocence" of the accused.   On the other hand in the
                                 case of a mandatory presumption "the burden resting on the accused person
                                 in   such a case would not be as light as it is where a presumption is raised
                                 under Section 114 of the Evidence Act and cannot be held to be discharged
                                 merely by reason  of  the fact that  the explanation  offered by the accused  is
                                 reasonable and probable.   It must further be shown that the explanation is a
                                 true   one.     The   words   'unless   the   contrary   is   proved'   which   occur   in   this
                                 provision make it clear that the presumption has to be rebutted by proof and
                                 not   by   a   bare   explanation   which   is   merely   plausible.     A   fact   is   said   to   be
                                 proved when its existence is directly established or when upon the material
                                 before it the Court finds its existence to be so probable that a reasonable man
                                 would act on the supposition that it exist.  Unless therefore, the explanation is
                                 supported by proof, the presumption created by the provision cannot be said
                                 to be rebutted."

                      Thus, in the present case also a presumption arises in favour of the

complainant and against the accused that the cheques in question were issued in

discharge of a legally enforceable debt or liability.

10.        DEFENCE OF THE ACCUSED :­

                      The accused has admitted that the cheque belongs to him, and he has

also admitted his signature on the same.  However, accused took the defence that

 Page No.: 6 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
 the said cheque was given as security by him to the complainant at the time of

taking loan from the complainant. 

                      The   court   would   now   discuss   the   evidence   on   record   and   the

arguments   put   forth   by   the   parties   in   tabular   form   for   proper   appreciation   of

evidence and issues between the parties :­




 Page No.: 7 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
      Sr. No.                                Accused                                                Complainant
1 :­Authorized        It  has   been   argued   by   the   accused   that         The   resolution   and   the   authority   letter
representative        the complainant has been represented by                     filed by Nirmal Singh are not proper and
not duly              Nirmal Singh who is not duly authorized to                  thus the complaint has not been filed by
authorized to         appear   for   the   complainant   as   the                 authorized   person   and   liable   to   be
file this case        authorization   letter   Ex.CW­1/Z     and                  dismissed.
and represent         resolution Ex.CW­1/Y in this regard is not
the                   proper.
complainant.



2 :­ Legal            The   accused   on   oath   denied   having                 The   complainant   on   the   other   hand
Notice                received Legal notice Ex. CW­1/C. It was                    contended   that   the   Legal   Notice   was
whether               argued   by   the   accused   that   the   legal            sent to the accused through Registered
served or not.        notice   was   never   served   upon   the                  Post and also through UPC and as the
                      accused   and   that   there   is   no   proof   of         same was never received back therefore
                      service of legal notice and no witness has                  there is a presumption of service of the
                      been examined by the complainant in this                    accused   which   the   accused   has   not
                      regard. He also contended that UPC can                      rebutted though in his defence he could
                      be easily procured and the address on the                   have   called   post   office   official   to   show
                      postal receipt is incomplete and thus the                   that   the   registered   post   was   never
                      presumption cannot be raised against him                    served upon him.
                      as regards service of notice.



3 :­ Payment          The accused has submitted that there is a                   The   complainant   submitted   that   the
disputed              dispute   as   regards   the   amount   of   loan           accused   had   taken   loan   from   the
                      granted   by   the   complainant   and  there   is          complainant   and   the   Loan   Bond   Ex.
                      also  dispute   as  regards   the   amount  due             CW­1/X clearly mentions the amount of
                      as   per   the   statement   filed   by   the               loan   and   that   the   accused   has   also
                      complainant. It was submitted that there is                 admitted   in   his   cross   examination   that
                      no receipt of the amount of loan granted                    he had taken loan from the complainant
                      and that in the complaint, legal notice and                 society.  
                      affidavit   of   CW­1   it   has   not   been
                      mentioned   as   to   how   much   loan   was
                      taken by the accused.




 Page No.: 8 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
      Sr. No.                                Accused                                                Complainant
4 :­ Cheque           It   was   argued   by   the   accused   that   the         The complainant argued that the cheque
given as              cheque in question was given as security                    in question was given by the accused for
security              to   the   complainant   society   against   the            discharge   of   his   liability   and   for   this
                      loan taken and that despite the fact the he                 reason   the   accused   never   made   a
                      has   repaid   the   loan   amount,   the                   complaint to any authority that his blank
                      complainant   society   Is   misusing   the                 cheques   have   been   taken   by   the
                      cheque in question by filling the same with                 complainant and despite the filling of the
                      whatever   amount   and   presenting   it   and             present  complaint the accused has not
                      filling this case.  It was also submitted that              approached   any   authority   alleging   that
                      in  the   Legal   Notice   the   complainant   has          his cheques are being misused 
                      itself admitted that the cheque in question
                      was   given   at   the   time   of   taking   loan
                      whereas in the complaint it is stated that
                      the   cheque   was   issued   by   the   accused
                      towards payment of overdue amount.   




 

 1.Authorized
                representative   not   duly   authorized   to   file   this   case   and 

    represent   the   complainant:­  It   has   been   argued   by   the   accused   that   the

    complainant has been represented by Nirmal Singh who is not duly authorized to

    appear for the complainant as the authorization letter Ex.CW­1/Z  and resolution

    Ex.CW­1/Y in this regard is not proper.

    The complainant on the other had submitted that Nirmal Singh has been duly

    authorized to file the present complaint.

                      A perusal of the record reveals that the present complaint has been

           filed   by   Nirmal   Singh,   who   has   filed  authorization   letter   Ex.CW­1/Z     and

           resolution Ex.CW­1/Y in this regard. 

                      The question before the court is whether the present complaint has

           been filed by the payee or holder in due course of the bounced cheque

           or not as per s.142(1) N.I Act?



 Page No.: 9 / 28                                   CC No. 926/07                                              S.P.S. Laler, MM­06 (E)
                      The court would like to refer to  two judgments in this regard  which

           would make it clear as to whether the present case has been properly filed or

           not.

                     The first case is  Meeta Rai Vs. Gulshan Mahajan 1999 (22) Civil CC

           (P&H) and relevant paras of the said judgment are as under:

                                1. ...............One of the grounds urged on behalf of the petitioner is that
                                     the   impugned   complaint   has   not   been   filed   by   the   payee   or   the
                                     holder   in   due   course   of   the   cheque   which   is   alleged   to   have
                                     bounced  and it was issued by the respondent. A perusal of the copy of

the impugned complaint filed in the Court of Chief Judical Magistrate. Amritsar (copy Annexure P­5) will show that the complaint was filed by one Gulshan Mahajan son of Amar Nath Mahajan c/o Pioneer Press. Katra Sher Singh, Amrtisar. In Para 1 of the impugned complaint, it was averred as under:­"That the complainant is the husband of Sucheta Mahajan daughter of Sh. Gian Chand Gupta and she has given authority letter for institution of the complaint against the accused for the dishonour of cheque. Even otherwise the complaint (complainant?) is fully conversant with the facts of the case on instant complaint."

2. Annexure P­7 is the copy of the authority letter which is said to have been issued by Smt. Sucheta Mahajan wife of the complainant Shri Gulshan Mahajan and it reads as under :

1. Sucheta Mahajan wife of Sh. Gulshan Mahajan daughter of Sh. Gian Chand Gupta C/o Pioneer Press, Katra Sher Singh, Amritsar do hereby appoint and authorise my husband Shri. Gulshan Mahajan son of Sh. Amar Nath Mahajan to institute complaint under Section 138 of Negotiable Instruments Act against Ms. Meeta Rai, Headmistress, Delhi Public School.

Basant Vihar, New Delhi, Director RMS System and Chemical Speciality Pvt. Ltd. New Delhi regarding dishonoured cheque amounting to Rs. 2,75,000/­ bearing cheque number 774346, dated 30.12.1993 drawn on Dena Bank, Nehru Place, New Delhi.

He is further authorised to give evidence in the case as he is conversant with all the facts of the payment of cheque. All, acts done by him in respect of filing of complaint in criminal court and engaging counsel, summoning the witness, filing of misc. Applications pertaining to this case, give reply if any as and when required in connection with this dishonoured cheque.

Dated : April, 1994.

Sd/­ Executant (SUCHETA MAHAJAN)"

Page No.: 10 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) (emphasis supplied) The issue was finally decided by the Honorable Punjab and Haryana High Court in para 4 and 5 which are as under:­
4. The facts in the instant case are entirely different and distinct from the case of Surinder Singh (supra) inasmuch as in the instant case, there is no document of General Power of Attorney executed by Smt. Sucheta Mahajan in favour of her husband Shri Gulshan Mahajan and for that matter nor even his document of Special Power of Attorney authorising her husband to do certain acts for and on her behalf. Apart from it, it is relevant to note that the authority letter in nowhere undertakes that the executant, namely, Smt. Sucheta Mahajan would be bound by the acts done and conducted on behalf of her husband in respect of the matter which is the subject matter of authority letter. Learned Counsel for the petitioner cited the judgment reported as U. C. Saxena, Managing Director, Meltra Machines & Equipments Pvt. Ltd., Noida v. Shri Madan Mohan 1995(1) RCR (Crl.) 394 : 1993(3) RCR (Crl.) 391 :
1993(2) PLR 161, when the learned Single Judge of this Court held in para 7 as under­ "As mentioned herein before, Madan Mohan complainant was neither the payee nor the holder in due course of the cheque and, therefore, he was not competent to institute the complaint. The learned trial Magistrate has gravely erred in having failed to consider the above aspect of the case. Therefore, I have no hesitation to hold that the Court below could not have taken cognizance of the complainant (complaint?) as far as the offence under Section 138 of the Negotiable Instruments Act is concerned."

5. By applying the ratio of the decision in the case of U.C. Saxena (supra), in the instant case, the complaint filed by Shri Gulshan Mahajan, a person who has not been legally and validly authorised by means of a general power of attorney or a special power of attorney cannot be held to be a properly instituted complaint in law and the same is liable to be quashed on that score alone....

(emphasis supplied) The second Judgment where similar issue has been decided is O.P. Mehra vs Raj Kumari Bhalla And Anr. II (2007) BC 589 some portions of which are quoted below:

7. Secondly, Counsel for the petitioner submitted that the aforesaid complaint was not signed, made and filed by the payee or holder in due course of the cheques, which are alleged have been bounced. Thus, in view of Section 142(1) of the Act, no Court can take cognizance on such complaint filed by a person other than the payee or the holder in due course of the bounced cheque. Counsel submitted that Page No.: 11 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) as per the decision of the Supreme Court in Janki Vasudeo Bhojwani and Anr. v.

Indusind Bank Ltd. and Ors. 1 (2005) BC 399 (SC) : 2004 AIR SCW 7064, a general or special power of attorney holder can appear, plead and act on behalf of the party and he can also file a complaint under Section 138 of the Act, but he cannot become a witness. But in the instant case, Shri V.M. Bhalla, who has filed the instant complaint on behalf of his wife Smt. Raj Kumari Bhalla is not the general or special power of attorney holder of his wife. The instant complaint has been filed only on the basis of an authority letter given by Smt. Raj Kumari Bhalla to her husband which has been marked as Mark C­1 in the Trial Court and which reads as under:

Authority Letter I, hereby authorise Mr. V.M. Bhalla S/o Shri Devi Dayal Bhalla. resident of H. No. 3367. Sector 27­D, Chandigarh to file complaint under Section 138 of Negotiable Instruments Act, against M/s. Sagar Suri Estate and Finance Ltd. CMDIG, Sagar Suri, Sagar Apartment­6, Tilak Marg, New Delhi and others in the competent Court, to appear on every date on my behalf to give statement, to compromise, to receive payment, to issue receipt or to withdraw the complaint, to engage Counsel and to do all things which he may deem fit for prosecution of the above said complaint. Counsel for the petitioner submitted that merely on the basis of such an authority letter, neither a complaint under Section 138 of the Act can be filed nor such person can appear as a witness on behalf of the complainant. Such an authority letter cannot be treated as general power of attorney of the executant, because in this authority letter, it is nowhere undertaken that the executant would be bound by the acts done and conducted on her behalf in respect of the cheques, which are subject­matter of the authority letter. In support of his contention, Counsel for the petitioner relied upon a judgment of this Court in Meeta Rai v. Gulshan Mahajan 1999(2) RCR (Criminal) 383, in which in similar circumstances, it was held that on the basis of such an authority letter, no cognizance can be taken for the offence under Section 138 of the Act.
The said contention was answered by the Honorable Punjab and Haryana High Court in Para 12 and 13 which are as under:
12. I also find force in the second contention raised by Counsel for the petitioner. Section 142(1) of the Act provides that no Court shall take cognizance of any offence punishable under Section 138 except upon a complaint in writing made by the payee or, as the case may be the holder in due course of the cheque. Undisputedly, in the instant case, the complaint has been filed by Shri V.M. Bhalla, the husband of Smt. Raj Kumar Bhalla.

He was neither the payee nor the holder in due course of the cheque. He is also not a general or special power of attorney holder of his wife. He had filed the instant complaint only on the basis of the authority letter, which has been reproduced in paragraph 7 of this order. In the said authority Page No.: 12 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) letter, it was no where undertaken that the executant would be bound by the acts done and conducted on her behalf in respect of the cheques, which are subject matter of the authority letter. It is well settled, as has been held by the Supreme Court in Janki Vashdeo Bhojwani and Anr. v. Indusind Bank Ltd. and Ors. (supra) that a general or special power of attorney holder can appear plead and act on behalf of the party and he can also file a complaint under Section 138 of the Act, but he cannot become a witness on behalf of the party. However, the instant complaint has not been filed by Shri V.M. Bhalla being the general or special power of attorney holder. Exactly the similar controversy was dealt with by this Court in Meeta Rai v. Gulshan Mahajan (supra) where also a complaint under Section 138 of the Act was filed on similar authority letter and this Court observed as under:

4. The facts in the instant case are entirely different and distinct from the case of Surinder Singh (supra) inasmuch as in the instant case, there is no document of General Power of Attorney executed by Smt. Sucheta Mahajan in favour of her husband Shri Gulshan Mahajan and for that matter nor even his document of Special Power of Attorney authorising her husband to do certain acts for and on her behalf. Apart from it, it is relevant to note that the authority letter in nowhere undertakes that the executant, namely, Smt. Sucheta Mahajan would be bound by the acts done and conducted on behalf of her husband in respect of the matter which is the subject matter of authority letter. Learned Counsel for the petitioner cited the judgment reported as U. C. Saxena, Managing Director, Meltra Machines & Equipments Pvt. Ltd., Noida v. Shri Madan Mohan 1995(1) RCR (Crl.) 394 : 1993(3) RCR (Crl.) 391 : 1993(2) PLR 161, when the learned Single Judge of this Court held in para 7 as under­ "As mentioned herein before, Madan Mohan complainant was neither the payee nor the holder in due course of the cheque and, therefore, he was not competent to institute the complaint. The learned trial Magistrate has gravely erred in having failed to consider the above aspect of the case. Therefore, I have no hesitation to hold that the Court below could not have taken cognizance of the complainant (complaint?) as far as the offence under Section 138 of the Negotiable Instruments Act is concerned."
5. By applying the ratio of the decision in the case of U.C. Saxena (supra), in the instant case, the complaint filed by Shri Gulshan Mahajan, a person who has not been legally and validly authorised by means of a general power of attorney or a special power of attorney cannot be held to be a properly instituted complaint in law and the same is liable to be quashed on that score alone....

13.In view of the above discussion, this petition is allowed and the criminal complaint No. 115 of 1998 (Annexure P­1) filed by the respondent No. 1 as well as the Page No.: 13 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) summoning order and the other consequential proceedings, only qua the petitioner, are hereby quashed."

(emphasis supplied) In the present case the authority letter given by the Complainant Society to the AR is Ex. CW­1/Z and the same reads as under:

"Shri. Nirmal Singh S/o late Sh. Atma Ram is hereby authorized on behalf of the complainant company, to initiate criminal complaint case, pursue, conduct, handle, make statements, and do all the needful in the matter."

The Resolution given by the Complainant Society to the AR is Ex. CW­1/Y and the same reads as under:

"I board of director meeting hold on 12/1/2007 and vide resolution No.0I. It has been resolved that Mr. Nirmal Singh S/o late Sh. Atma Ram cashier is authorized on behalf of the society Ltd. To initiate criminal complaint case pause, conduct, handle, make sentences, and do all the needful in the matter."

If the wordings of the present authority letter and resolution is compared to the authority letters quoted in the two judgments above it becomes clear that the complaint has been filed by Nirmal Singh, a person who has not been legally and validly authorized by the complainant company by means of a general power of attorney or a special power of attorney or resolution and the present complainant cannot be held to be properly instituted complaint in law and the same is liable to be dismissed and accused acquitted.

Moreover, a perusal of the record reveals that the Authorization letter and Resolution has been signed by Mahender Roy, Chairman. The said documents were required to be signed by the director of the company as per the companies Act but the same has been signed by a Chairman, who has not been examined by the complainant and the complainant has also not produced Form 32 from the Registrar of Companies to show that the said Page No.: 14 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) chairman was also a director in the complainant company. Moreover while in the Authorization letter the complainant is referred to as a company and in the Authorization letter it is mentioned that there is a board of directors of the complainant, in his cross examination date 16.03.2012 the sole complainant witness namely Nirmal Singh stated as under:

"We have no Director. We have only president, vice president, secretary, cashier and executive members. I cannot say as to why the word Director has been used on resolution Ex.CW­1/Y/ It is wrong to suggest that have filled resolution Ex.CW­1/Y to mislead the court and that is why the Director has been mentioned in the resolution. It is correct that I was there in the meeting when this resolution was passed. 8­10 office bearers were present in the meeting. It is correct that except two signs no other sign are present on the resolution dated 13.1.07 Ex.CW­1/Y"

As per the sole complainant witness there is no director in the complainant organization but the resolution on record mention about Directors and the Authority Letter mentions about complainant being company. Thus, the authorization letter Ex. CW­1/Z and resolution Ex. CW­1/Y seem to be not proper and the complainant has failed to prove that Nirmal Singh was duly authorized by the complainant to file and pursue this case on behalf of the complainant.

Thus, the present complainant cannot be held to be properly instituted complaint in law and the same is liable to be dismissed and accused acquitted.

2. Legal Notice whether served or not :­ The accused on oath denied having received Legal notice Ex. CW­1/C. It was argued by the accused that the legal notice was never served upon the accused and that there is no proof of service of legal notice and no witness has been examined by the complainant in this Page No.: 15 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) regard. He also contended that UPC can be easily procured and the address on the postal receipt is incomplete and thus the presumption cannot be raised against him as regards service of notice.

The complainant on the other hand contended that the Legal Notice was sent to the accused through Registered Post and also through UPC and as the same was never received back therefore there is a presumption of service of the accused which the accused has not rebutted though in his defence he could have called post office official to show that the registered post was never served upon him.

A perusal of the record reveals that legal notice was sent to the accused by registered post (address on the registered postal receipt is incomplete) and by UPC at his office address i.e. DIV(R) EAST, B­Block Preet Vihar, Delhi Jal Board, Preet Vihar, Delhi. The envelopes were never received by the complainant and thus the complainant rightly seeks to invoke presumption of service in his favour. However, the presumption is not conclusive and can be rebutted by the accused.

In judgment titled Mahmuda Khatun Vs. Ajit Chandra Deka AIR 1978 NOC 112 (GAU) it was observed the Hon'ble Gauhati High Court as under :­ The presumption of service of a notice sent under registered post is available under sections 16 and 114 (e) of the Evidence Act as well as under Section 27 of the General Clauses Act only when the plaintiff proves that the letter was properly addressed and was put into the Post Office. The mere fact that the full address was given in the body of the notice, does not raise any presumption that the envelope containing the notice was also correctly addressed. At any rate presumption under Sections 16 and 114 (e ) of the Evidence Act as well as under Section 27 of the General Clauses Act is a rebuttable one. When the person on whom the notice is said to have been served appears before the Court and denies on oath that the notice was served on his, the presumption is rebutted and in such a case the evidence of the Postman becomes necessary. (emphasis supplied) Page No.: 16 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) In the present case, the complainant is relying upon the presumption which are in his favour u/s 16 and 114 (e) of the Evidence Act and under section 27 of General Clauses Act and the court understands that the said presumptions are not conclusive presumptions and that they are rebuttable one. The accused has denied on oath as DW­3 that the notice was served upon him and in view of such denial on oath the presumption stands rebutted in view of the aforesaid judgment. In view of the said denial by the accused it had become imperative on the complainant to examine the post man in order to prove service of notice. However, in absence of testimony of the post man, the presumption stands rebutted, more so because the address of accused as mentioned in legal notice (address mentions Block E) is different from the address mentioned in the UPC (address mentions Block B).

As regards UPC Hon'ble Supreme Court titled Gadakh Yashwantrao Kankarrao Vs. Evalias Balasaheb Vikhe Patil AIR 1994 SC 678. In order to understand the judgment the court hereby reproduces the relevant para :

th
60. Gadakh's version that he sent the letter dated 16 May, 1991 (Exh. Q) under certificate of posting is unbelievable. A certificate of posting is easy to procure and does not inspire confidence. Moreover, the circumstances belie his version. With his considerable means and past experience of elections, he would have sent such a letter by registered post to ensure its delivery and create cogent evidence of its despatch. Moreover, he would not merely send such a letter but have his denial published in newspapers because of its significance during elections. We have no doubt that Gadakh's conduct belies his belated denial at the trial. (emphasis supplied) ➔Thus, the service of the notice stands proved in view of the legal presumptions and in view of the discussion made above.
3. Payment disputed i.e. Loan amount and Amount due not ascertainable :­ The accused has submitted that there is a dispute as regards the amount of loan granted by the complainant and there is also dispute as regards the amount due Page No.: 17 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) as per the account statement filed by the complainant. It was submitted that there is no receipt of the amount of loan granted.

The complainant submitted that the accused had taken loan from the complainant and the Loan Bond Ex. CW­1/X clearly mentions the amount of loan and that the accused has also admitted in his cross examination that he had taken loan from the complainant society.

The court has gone through the record and found that in the complaint it has not been mentioned as to how much loan was taken by the accused from the complainant. The affidavit of the sole complainant witness Nirmal Singh also fails to mention the amount of loan taken by the accused from the complainant. Thus, it becomes necessary to go through the record filled by the complainant and the testimonies on record to find the actual amount of loan taken by accused and the amount actually due to him.

In cross examination of CW­1 Nirmal Singh, he has stated that the loan advanced to the accused was Rs.20,000/­ but in the cross examination of accused as DW­3 it was suggested to the accused by Ld. Cl for the complainant that he had taken Rs.15,000/­ for his use, though the said suggestion was denied by the accused.

It may be noted here that the accused has also stated that he had taken loan of Rs.15,000/­ at one place and Rs.12,000/­ at other.

Thus the amount of loan advanced to the accused is not clear from the testimonies of the witnesses.

In cross examination the sole complainant witness was asked to produce the loan statement of the accused and a loan statement was also produced by the complainant which is Ex. CW­1/D3 but the said statement is of no use to the Page No.: 18 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) complainant as it no where mentions the rate of interest, the period for which the interest has been calculated and also the payments made by the accused towards the loan account. Rather, the said loan account statement shows the casual manner in which the record is being maintained by the complainant and creates a doubt in the mind of the court as regards the liability of the accused. The complainant produced copy of ledger and copy of the loan account statement but as the same were not produced in original thus the said documents were not exhibited and cannot be read in favour of the complainant. Thus the complainant has not been able to prove as to how it has been ascertained that amount due towards the accused is Rs.24,940/­. The complainant cannot solely rely upon the presumption under section 139 of NI Act to win the case. The complainant when asked to produce documents as regards liability in cross examination is required to show that from the documents produced the liability of the accused is coming out more than or equal to the cheque amount. If the complainant fails to show the same as has been in this case then, the onus of the accused to rebut the presumption stands discharged. Thus, the accused has discharged his burden of rebutting the presumption under section 139 NI Act.

4. Cheque issued as security :­ It was argued by the accused that the cheque in question was given as security to the complainant society against the loan taken and that despite the fact the he has repaid the loan amount, the complainant society is misusing the cheque in question by filling the same with whatever amount and presenting it and filling this case. It was also submitted that in the Legal Notice the complainant has itself admitted that the cheque in question was given at the time of taking loan whereas in the complaint it is stated that the cheque was issued by the accused towards payment of overdue amount. Page No.: 19 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) The complainant argued that the cheque in question was given by the accused for discharge of his liability and for this reason the accused never made a complaint to any authority that his blank cheques have been taken by the complainant and despite the filling of the present complaint the accused has not approached any authority alleging that his cheques are being misused.

A perusal of the record reveals that in the Legal Notice Ex.CW­1/C it has been mentioned in papa 1 that the accused had issued a post dated cheque in favour of the complainant. The said paragraph is reproduced below:

"That you had taken a loan from my above said client for your personal use vide and against the said loan you have issued a post dated cheque for a sum of Rs.24940 dated 13.1.2007 cheque no.030507"

However, in the complaint and in the affidavit of CW­1 it has been stated " that in discharge of his overdue liability the accused issued a cheque bearing No. 030507 for a sum of Rs.24,040/­ dated 13/1/07 drawn on POST OFFICE SAVING BANK"

Thus, the complainant in the legal notice has taken a different stand as compared to the stand taken by the complainant in the complaint and affidavit of CW­1.
If the contents of the Legal Notice Ex.CW­1/C are believed to be true then the cheque in question is a security cheque as the accused at the time of taking loan in 2005 could not have perceived that what would be the outstanding amount as on 13.1.2007. It means that the cheque even if post dated was blank as regards the amount and this fact supports the story of accused that the cheque in question was given as security cheque. The stand of the accused that the cheque was given in blank as security is further supported by two facts:
Page No.: 20 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E)
(a) Firstly, from the fact that the cheque bears the stamp of the complainant on it in place provided for the name of the bearer. The stamp must have been put by the complainant as it cannot be assumed that the accused had the stamp of the complainant.
(b) Secondly, when the sole complainant witness was questioned as regards who had filled the particulars in the cheque in question, he stated: "I do not remember who had filled the particulars but the signature on the cheque is of the accused"

Thus, the evidence in favour of the accused as regards this issue is much more than that in favour of the complainant and if the cheque was issued as security cheque then offence under section 138 NI Act is not made out in view of the following judgments of various courts including the Honorable Apex Court:­ Hon'ble Supreme Court in judgment titled M.S. Narayana Menon @ Mani Vs. State of Kerala AIR 2006 SC 3366 observed in para 57 as under :

57. We in the facts and circumstances of this case need not go into the question as to whether even if the prosecution fails to prove that a large portion of the amount claimed to be a part of debt was not owing and due to the complainant by the accused and only because he has issued a cheque for a higher amount, he would be convicted if it is held that existence of debt in respect of large part of the said amount has not been proved. The Appellant clearly said that nothing is due and the cheque was issued by way of security. The said defence has been accepted as probable. If the defence is acceptable as probable the cheque therefore cannot be held to have been issued in discharge of the debt as, for example, if a cheque is issued for security or for any other purpose the same would not come within the purview of Section 138 of the Act. (emphasis supplied) In Shanku Concretes Pvt. Ltd. Vs. State of Gujarat 2000 Cri.L.J 1988 (Gujarat) a loan of Rs.15,00,000/­ was taken by accused, who issued 7 post Page No.: 21 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) dated cheques as collateral security and it was observed by Hon'ble Gujarat High Court that no offence u/s 138 N.I. Act is made out in para 13 and 14 as under :
13. The above view further strengthens from the agreement executed between the parties. It is amply clear in the agreement that accused shall repay amount after six months of the execution of agreement and it is also made clear that for due performance of the contract. The intention of the parties is clear from this averments that the cheques were issued as the collateral security for the due performance (vernacular matter omitted.) of the contract, by which the Company and the Director i.e. accused No. 2 bound themselves to repay the said amount. It is, therefore, clear that cheques were not issued to discharge any existing debt.
14. This Court relies on the decision cited by Mr. Majmudar of the High Court of Madras (supra), wherein a principle is laid down that to attract Section 138 of the Negotiable Instruments Act, it must be pointed out that there was subsisting liability or debt on the date when the contract was entered into. In that given case before the High Court of Madras, the contract expressly made it clear that the cheques were handed over as security. In this case, it is clear from the agreement entered into between the parties that after borrowing the money, making a statement to repay the same at some future date, the cheques were issued for due performance. Therefore, the transaction from its very nature or from the intention of the parties, as reflected in the agreement executed between the parties, is purely of a civil nature, for which a civil suit has already been filed. The very fact that the payment was agreed to some future date and there was no debt or liability on the date of delivery of the cheques, will take the case out of the purview of the Section 138 of the Negotiable Instruments Act.

(emphasis supplied) In Goa Handicrafts Vs. M/s Samudra Ropes Pvt. Ltd. 2005 Cri.L.J 4072 (Bombay) a cheque was given as a security for goods already purchased and for future purchases and it was observed by Hon'ble Bombay High Court in para 18 that dishonour of cheque given as security does not make out an offence u/s 138 N.I. Act :

18. In my view from the discussion of the evidence adduced by both parties it will have to be held that the Accused has successfully rebutted the presumption raised under Section 139 of the said Act in view of the clear admission given by P.W.1, Shirodkar in his cross­examination which is consistent with the stand taken by the Accused in his examination­in­chief.

The cheque given by the Accused was, therefore, never meant to be deposited but was referred only as a sort of collateral security. This is clear from the evaluation of the evidence in paras 7 to 11 above. Such a Page No.: 22 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) cheque in my view would not entail the penal liability as envisaged under Section 138 of the said Act if it is deposited and is dishonoured. Secondly, from the aforesaid discussion, it can also be seen that the cheque in question was not given for an existing debt or legally enforceable liability. (emphasis supplied) In Laxminivas Agarwal Vs. Andhra Semi Conductors Pvt. Ltd. 2006 Cri. L.J 2643 (Andhra Pradesh) accused issued undated cheque by way of security for securing loan of Rs.4.3 lakhs taken by him and it was observed by Hon'ble Andhra Pradesh High Court in para 16 that security cheque cannot be the basis of complaint u/s 138 N.I. Act :

16. In the instant case also this Court found on question of fact that three cheques Exs.P­1 to P­3 were taken only as security for prompt repayment and those cheques were not issued by the accused towards the discharge of any debt or other liability. In fact, by the date on which the cheques were taken there was no debt or liability borrowed/incurred by the accused. As already observed supra, only cheques were given by the complainant to the accused on the date on which the cheques in dispute were taken from the accused. Therefore, the proved facts of the cited case are similar to the proved facts in the instant case. There is no material to show that the decision in Shri Taher N. Khambati's case (supra) has been overruled by any subsequent decision of this Court or by the Apex Court. I am in entire agreement with the view expressed by the learned Judge of this Court in the cited case. Section 138 of the Act is being misused by the money lenders. This is one of such instances. Admittedly, the complainant herein took pledge of title deeds relating to Ac. 6.00 of land belonging to the accused. It is also not disputed that there was fire accident in the factory of the accused and the entire property of the accused was damaged and the accused made claim before the Insurance Company. It is also not disputed that the accused herein gave reply stating about their financial condition and also promising to repay the same after the insurance claim is settled by the Insurance Company. It is the further case of the accused that though the accused demanded return of the title deeds of the land to enable them to sell the land and discharge the debt due to the complainant, the complainant refused to deliver those title deeds. It is also in the evidence that the complainant filed Criminal case of cheating against the accused and ultimately this Court quashed the said complaint. Thus, the complainant herein knowing fully well that the accused company is in financial distress on account of fire accident and knowing fully well that the accused company had no amount in the bank, filled up the blanks in the cheques as if those cheques were issued by the accused in discharge of the debt on 8­6­2000 and 9­6­2000 and presented the same for encashment and got those cheques dishonoured and then launched the prosecution under Section 138 Page No.: 23 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) of the Negotiable Instruments Act. By no stretch of imagination it can be said that the Legislature introduced Section 138 of the Negotiable Instruments Act to assist such money lenders to harass the borrowers who were in financial distress. The Legislature intends to punish only those who knowing fully well that they have no amount in the bank and yet issued any cheque in discharge of debt or liability already borrowed/incurred which amounts to cheating and not to punish those who could not discharge the debts borrowed or the liability incurred on account of financial stringency. If Section 138 of the Act can be made applicable to all the debts borrowed or the liability incurred by furnishing blank cheque as security, every borrower under a Negotiable Instrument who fails to repay the same can be prosecuted.

Merely because the signatures in the cheques are admitted, it cannot be said in all cases that the drawer of the said cheque is liable for punishment under Section 138 of the Negotiable Instruments Act in the event of dishonour of those cheques. It is true that presumption is available in favour of the payee under Sections 118 and 139 of the Negotiable Instruments Act. But, admittedly the said presumption is a rebuttal presumption and the borrower is at liberty to prove to the contra, the accused need not necessarily get into the box and state on oath and he is at liberty to point out the documents filed by the complainant to prove the date of issuance of cheque and that there was no debt or liability borrowed/incurred muchless legally enforceable debt or liability on the dates of issue of cheques and that those cheques were issued under different circumstances. Here in the instant case, the documents filed by the complainant himself under Exs.P­14 and P­15 disclose that by the date of taking of the cheques Exs.P­1 to P­3 from the accused, there was no debt or liability incurred by the accused towards the complainant. Therefore, the said letters themselves are sufficient to prove the contra to rebut the presumption available under Section 139 of the Negotiable instruments Act. Further the accused during his examination under Section 313 Cr.P.C. filed documents along with his written statement to show that the cheques in question were taken as security for the amount lent by the complainant to the accused. Hence, it cannot be said that the accused failed to prove contra to rebut the presumption available to the complainant under Section 139 of the Act. The decision of this Court in Shri Taher N. Khambati's case (supra) is very much applicable to the facts of this case. (emphasis supplied) In M/s Exports India Vs. State 2007 (4) RCR (Criminal)300 (Delhi High Court) and it was observed by Hon'ble Delhi High Court (Hon'ble Mr. Justice A.K. Sikri, Presently Acting Chief Justice) in para 5, 6 and 7 that dishonour of blank cheque given as security does not make out an offence u/s 138 N.I. Act :

5. After hearing the learned counsel for the petitioner I am of the opinion that this petition warrants to be allowed. It is obvious from the agreement in question that the same was entered into on 11.2.1999 between M/s. Bumpi Page No.: 24 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) Udyog and the petitioner No. 1 and this agreement specifically records giving of blank cheques bearing No. 154832 and 154833 to M/s. Bumpi Udyog. It is clear that the blank cheque was given as a security of the agency agreement and it is nowhere stated that there is any violation of the terms and conditions of the said agreement. The case made out in the complaint is that certain dues were payable by the petitioner No. 1 to the complainant and in discharge of the said liability the cheque in question was issued as is clear from the following averments made in para 5 of the complaint, which reads as under :

"5. That consequently to discharge their liability qua complainant, accused No. 2 handed over a cheque bearing No. 154832 dated 24.04.2000 for Rs. 4,78,807/­ drawn on Dena Bank, Bhawanipara, Calcutta­700025 in favour of M/s. Bumpy Udyog. The cheque has been signed by accused No. 3 as partner of accused No. 1."

6. The aforesaid averments are clearly false inasmuch as it was a blank cheque given at the time of signing of the agency agreement. It may be noted that the complainant before filing the complaint had given the legal notice dated 22.5.2000 and reply to the said notice was given pointing out the aforesaid facts but in the complaint, the complainant has not at all mentioned about the said reply nor filed the same as a document along with the complaint and has, therefore, suppressed these facts as well.

7. In M/s. Balaji Sea Foods Exports (India) Ltd. v. Mac Industries Ltd., 1999(1) RCR(Criminal) 683 (Madras), the Madras High Court in identical circumstances dismissed the complaint as not maintainable which was based on undated cheque given at the time of execution of the agreement holding that there was no debt or liability when the cheque was handed over to the drawee and, therefore, the complaint could not be maintainable. This petition accordingly succeeds. Summoning order is quashed and the complaint filed by the respondent No. 2 is dismissed. (emphasis supplied) In Sam Daniel Vs. John 2005 Comp Case 17 (Madras High Court) and it was observed by Hon'ble Madras High Court in para 9 and 10 that dishonour of cheque given as collateral security does not make out an offence u/s 138 N.I. Act :

9. Strict liability under Section 138 can be enforced only when the cheque is issued in discharge of any legally enforceable debt or other liability, partly or wholly. Where a cheque is issued not for the purpose of discharge of any debt or other liability, return of such cheque unpaid will not meet with the penal consequences and the maker of the cheque shall not, therefore, be liable for prosecution.
10. The Explanation to Section 138 provides that a debt or liability under this Page No.: 25 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) section means only a legally enforceable debt or other liability. In common parlance, a debt is something owed to another, a liability, an obligation, a chose in action, which is capable of being assigned by creditor to some other person. A debt due means that a particular liability is in existence. Thus in cases for an offence of dishonour of cheque, it would be relevant to examine the materials/evidence as to whether there is a "debt payable" and whether the cheque was drawn for that dischargeable debt. While there may be a debt payable in existence, that alone is not sufficient to prove that the cheque was drawn in discharge of that amount. Where the accused raised the point that the cheque in question was not intended to be in appropriation of the debt or to be used for a discharge of the debt, but was issued only as a collateral safeguard, there cannot be presumption under Section 138 of the Negotiable Instruments Act. (emphasis supplied) In K. Narayana Nayak Vs. M. Shivarama Shetty 2009 (5) RCR (Criminal) 207 (Karnataka High Court) it was observed by Hon'ble Karnataka High Court in para 18 and 19 that dishonour of cheque given as security does not make out an offence u/s 138 N.I. Act :
18. According to the complaint, the appellant advanced the loan on the condition that he should give collateral security and post­dated cheque putting the probable date on the cheque. The decisions reported in 1993 Cri LJ 2359, II 1995 BC 506 Bombay and II (1992) BC 218 on which reliance is placed by the Court below says that issue of post­dated cheque has to be treated as drawn on date it is delivered and not on the date it bears. Further, according to Section 138 of the NI Act the cheque has to be presented to the bank within a period of six months from the date on which it is drawn. If there was any agreement to repay the amount after two years with interest at 10% and if the cheque was issued after two years, the cheque amount would have been more than one lakh. Moreover the complaint reveals that the loan was advanced on condition that the respondent­accused should give a post­dated cheque. That means the accused had issued the cheque on 16­6­1996. In that view of the matter, it is clear that the cheque issued by the respondent to appellant is only as a security and not for discharge of any existing debt, as on the date of issuance of the said cheque.
19. So far as the presumption as to issuance of the cheque for consideration and in discharge of debt, the respondent­accused need not disprove the appellant's case in its entirety. He can discharge his burden on the basis of preponderance of probabilities through direct or circumstantial evidence, for which he can also rely on the evidence adduced by the complainant. The respondent in his evidence has stated that he had not taken any loan from the appellant to tide over his financial difficulties by pledging the shares that the amount shown in Ex.P.2 is part of the sale consideration of shares and as the price of the shares crashed subsequently, the appellant was unwilling Page No.: 26 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) either to transfer them or sell them and therefore fillings up the blank cheque after two years he has filed this case. There is evidence on record to point out handing over of share certificates. Thus, the accused­respondent has discharged the initial onus of proof. Considering the case on factual basis, I find that the appellant has not satisfactorily discharged the burden of proof. In this view of the matter, I need not find it necessary to go into the bye­ laws relating to the dealings in the stock exchange. Non­production of the pass book by the appellant in relation to the amount lent by him to the respondent through cheques, is fatal to the case of the complainant/appellant. As such, the appellant has failed to discharge his burden by producing documentary evidence before the Court below. Hence, viewed from any angle. I do not find any good reasons to interfere with the order of acquittal passed by the Court below.

In Punjab State Co­op. Supply & Mkt. Federation Ltd. v. M/s Goyal Rice & Oil Mills, (P&H) 2009(4) R.C.R.(Criminal) 612 PUNJAB AND HARYANA HIGH COURT three cheques were issued by accused by way of future liability which may arise on supply of goods by complainant to accused and it was observed by Hon'ble Punjab and Haryana High Court that dishonour of such cheques given as security do not make out an offence u/s 138 N.I. Act.

In Sreenivasan v. State of Kerala, (Kerala) 2000(1) R.C.R. (Criminal) 323 it was observed by Hon'ble Kerala High Court in para 3 that dishonour of cheque given as security does not make out an offence u/s 138 N.I. Act :

3. A comparative reading of the principle laid down by the Andhra Pradesh High Court and the mandatory provisions laid down in Sec. 138 of the Negotiable Instruments Act is crystal clear that when a cheque has been issued as a security, no complaint will lie under Sec. 138 of the Negotiable Instruments Act. Yet another infirmity is found in the case, viz.

that the averment in the complaint would be that the cheque was issued only by the petitioner. On the other hand, a notice issued by the second respondent to the petitioner, Annexure II and III, would disclose that the cheque was issued by the petitioner along with two other persons, viz. Ashok and Kamashi. In these circumstances, as rightly pointed out by the learned counsel, I find no merit on the side of the second respondent to launch a complaint under Sec. 138 of the Negotiable Instruments Act. Therefore, no purpose will be served by permitting the Magistrate to proceed with the criminal prosecution. Therefore, it can be rightly interfered by this court under Sec. 482 of the Criminal Procedure Code. (emphasis supplied) Page No.: 27 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E) In Jitendra Singh Flora v. Ravikant Talwar, (M.P.)(Jabalpur Bench) 2001(2) R.C.R.(Criminal) 75 cheque was issued as security for construction of building and it was observed by Madhya Pradesh High Court that cheques given as security are cheques which are not issued to create any liability and their dishonour does not make out an offence u/s 138 N.I. Act.

From the above mentioned judgments it is clear that no offence under section 138 NI Act is made out against the accused if the cheque in question is a security cheque.

11. CONCLUSION :­ In view of the above discussions and cited judgments, it is clear that the accused has been able to rebut the presumption u/s 139 N.I. Act. and the complainant has failed to prove the ingredients of offence under section 138 N.I. Act against the accused upon such rebuttal. Accordingly, accused Manohar Lal is Acquitted for the offence u/s 138 N.I. Act.

As per section 437­A of the Cr.P.C, as inserted vide the Amendment Act, which came into force on 31.12.2009, the personal bond and the surety bond of the accused as well as surety shall remain intact for a period of six months from today.

File be consigned to Record Room.

ANNOUNCED ON 23.02.2013.

(SAURABH PARTAP SINGH LALER) MM­06(East)/KKD/23.02.2013 Certified that this judgment contains 28 pages and each page bears my signatures.

(SAURABH PARTAP SINGH LALER) MM­06(East)/KKD/23.02.2013 Page No.: 28 / 28 CC No. 926/07 S.P.S. Laler, MM­06 (E)