Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 11, Cited by 0]

Bangalore District Court

M/S.Rajesh Exports Ltd vs Mr.P.Ganesh on 8 June, 2018

     IN THE COURT OF THE XXV ADDL. CHIEF
   METROPOLITAN MAGISTRATE, AT BANGALORE

           Dated this the    8th day of June , 2018.
     Present: Smt Shirin Javeed Ansari -BA.LL.B(Hon's)LL.M
                 XXV Addl. Chief Metropolitan Magistrate,
                   Bangalore.

                     C.C.No.47546/2010


Complainant:                M/s.Rajesh Exports Ltd
                            Company Incorporated under the
                            Companies Act
                            and having its office at No.4,
                            Bhatavia Chambers
                            Kumara Krupa Road, Kumara Park
                            East
                            Bangalore 1.
                            Represented by its Authorized
                            representative
                            R.M.Nanjundaswany.
                            (By Sri Sampath Kumar K-Advocate )


                                - Vs -

Accused:                    Mr.P.Ganesh
                            S/o.P.Palani
                            No.631/118, 9th main road
                            Prakashnagar, Behind Mallika
                            Residency
                            Bangalore 16.

Offence complained of:      U/s.138 of Negotiable Instrument Act

Plea of accused:            Pleads not guilty.
Final Order:                Accused is convicted.
Date of order:              8.6.2018
                               2     C.C.No.47546/2010




       JUDGMENT UNDER SEC.355 OF CR.PC



      This is a complaint filed by the complainant

u/s.200Cr.P.C.against the accused person for the

offence punishable u/s.138 Negotiable Instrument Act

(Herein after called as the N.I.Act for reference)



      2. The brief facts of the case of the complainant

are as under:

       The complainant company is incorporated under

the Companies Act 1956 having its registered office at

Bangalore.    The complainant company is engaged in

the business of gold jewellery and gold bullion. The

complainant submits that the accused is responsible

for   debt/liability   of   Rs.71,50,000/-   towards   the

complainant company. The said amount extended to

the accused as he had executed declaration .

      3.   The complainant further submits that in

respect of Inter Corporate Deposit so granted to the

accused the accused executed declaration confirming
                                    3       C.C.No.47546/2010


and binding himself to be liable for debt/liability and

issued the cheque bearing No.543201                  dt.1.7.2010

drawn     on    Karur    Vysya         Bank,     Bangalore   for

Rs.71,50,000/- in discharge of debt/liability of the

complainant company. The accused had promised the

complainant that the cheque will be honored upon

presentation.     The complainant further submits that

as per the promise and assurance given by the

accused    person       the    cheque      bearing   No.543201

dt.1.7.2010 for Rs.71,50,000/- was presented for

realization through complainant bank Canara Bank

Overseas       branch,        MG       road,   Bangalore.    The

complainant submits that the said cheque returned

unrealised with endorsement "no funds available" on

8.7.2010. The complainant further submits that the

demand notice dt.21.7.2010 came to be issued to the

accused for payment            of outstanding due amount

covered under the cheque.              The said demand notice,

has been served on the accused on 22.7.2010.
                              4     C.C.No.47546/2010


      4. The complainant further submits that there is

due service of demand notice on the accused. The

accused has failed to comply demand notice in

accordance with law. The accused had issued cheque

towards discharge of debt/liability and has executed

declaration, confirming the name. The cheque upon

presentation ought to have been honored by the

accused person.        Upon failure to honor, a demand

notice came to be issued duly served on the accused.

Despite, of this the accused has not complied the

demand notice. Hence the accused has committed an

offence punishable u/s.138 Negotiable Instrument Act

Hence, the complainant prayed to convict the accused

person and to award compensation in their favour.

Hence, this complaint .



      5. The complainant has lead his pre summoning

evidence   and has filed his affidavit in lieu of Sworn

Statement.    Prima-facie a case has been made out

against the accused and he has been summoned       vide

order of this court.
                                5     C.C.No.47546/2010


     6.    The accused appeared before this court on

7.3.2011    and he has been enlarged on bail . The

substance of     accusation has been read over to him to

which, he pleads not guilty and claims to be tried.

     7.     In    his   post   summoning   evidence   the

complainant has examined himself as PW 1 and filed

his affidavit, wherein, he has reiterated the averments

made in the complaint and got marked the documents

at Ex.P.1 to Ex.P.9

      8.   IN view of the continuous absence of the

accused person before this court, the recording of the

statement of the accused u/s.313 Cr.P.C is hereby

dispensed with. The accused has not lead his defence

evidence also.

     9. Heard the Advocate for the complainant.

Counsel for the accused did not even submit their

arguments .

      10. Upon hearing arguments, the following

points arise for my consideration:

      1.    Whether      the    complainant
            proves that the accused    has
            committed        an     offence
                                6         C.C.No.47546/2010


              punishable u/s. 138 Negotiable
              Instrument     Act ?

         2.   What order.


     11.      My answers to the above points are as

under:

              Point No.1 : In the Affirmative.

              Point No2 : As per final order for the

                            Following,

                         REASONS

     12.Point NO.1: The complainant company is

incorporated under the Companies            Act 1956 having

its registered office at Bangalore.         The complainant

company is engaged in the business of gold jewellery

and gold bullion. The complainant submits that the

accused       is   responsible     for     debt/liability   of

Rs.71,50,000/- towards the complainant company.

The said amount extended to the accused as he had

executed declaration .

     13.      The complainant further submits that in

respect of Inter Corporate Deposit so granted to the

accused the accused executed declaration confirming
                                    7       C.C.No.47546/2010


and binding himself to be liable for debt/liability and

issued the cheque bearing No. 543201                 dt.1.7.2010

drawn     on    Karur    Vysya         Bank,     Bangalore   for

Rs.71,50,000/- in discharge of debt/liability of the

complainant company. The accused had promised the

complainant that the cheque will be honored upon

presentation.     The complainant further submits that

as per the promise and assurance given by the

accused    person       the    cheque      bearing   No.543201

dt.1.7.2010 for Rs.71,50,000/- was presented for

realization through complainant bank Canara Bank

Overseas       branch,        MG       road,   Bangalore.    The

complainant submits that the said cheque returned

unrealised with endorsement "no funds available" on

8.7.2010. The complainant further submits that the

demand notice dt.21.7.2010 came to be issued to the

accused for payment            of outstanding due amount

covered under the cheque.              The said demand notice,

has been served on the accused on 22.7.2010.
                           8      C.C.No.47546/2010


     14. The complainant further submits that there

is due service of demand notice on the accused. The

accused has failed to comply demand notice in

accordance with law. The accused had issued cheque

towards discharge of debt/liability and has executed

declaration, confirming the name. The cheque upon

presentation ought to have been honored by the

accused person.   Upon failure to honor, a demand

notice came to be issued duly served on the accused.

Despite, of this the accused has not complied the

demand notice. Hence the accused has committed an

offence punishable u/s.138 Negotiable Instrument Act

Hence, the complainant prayed to convict the accused

person and to award compensation in their favour.



     15. In support of the case, the complainant has

produced the documents marked at Ex.P.1 to Ex.P.9.

Ex.P.1 is the cheque dt.1.7.2010. bearing NO.543201

drawn Karur Vysya Bank for Rs.71,50,000/- . Ex.P.1

is the Certified copy of certificate of incorporation.

ExP.3 is the Certified copy of the Board Resolution.,
                            9      C.C.No.47546/2010


Ex.P.4 is the letter issued by Canara       Bank to the

complainant . Ex.P.5     is the cheque return memo

dt.8.7.2010, Ex.P.6 is the legal notice dt.21.7.2010.

Ex.P.7 is the postal receipt. Ex.P8 is the        notice

dt.21.7.2010. Ex.P8(a) postal cover.    Ex.P.9    is the

Declaration. Ex,P9(a) is the signature of the accused

     16.    Inspite of sufficient opportunities and

hearing dates, the accused did not appear before the

court and did not even cross examine PW 1 . As such

the oral and documentary evidence put forth by the

complainant remained unchallenged.

     17. On careful perusal       of the material       on

record specially Ex.P.9, the declaration,    it is found

that the accused has confirmed and accepted receipt

of Rs.65,000/- the personal debt /liability in favour of

the complainant . Further the accused       has admitted

the issuance of the cheque bearing No.543201 drawn

on Karur Vysya bank     for Rs.71,50,000/- and it has

also been admitted by the accused that he has issued

the said cheque   against the discharge of his liability

/debt along with interest towards the complainant
                             10      C.C.No.47546/2010


company.      He has also undertook to ensure the

realization of the said cheque through his bank

account and also undertook to keep active operation

of his bank account with Karur Vysya bank until

realisation of the cheque. It is further admitted by

the accused in the said declaration that in the event of

non realisation      of the cheque in question, the

complainant      company is at liberty to initiate legal

proceedings      against the     accused by issuance of

demand notice at his residential address. Accordingly

after the dishonor of the cheque, the complainant has

issued the legal notice to the accused person at his

residential address mentioned in the      declaration i.e

No.631/118 , 9th main road, Prakash Nagar behind

Mallika Residency, Bangalore 560016 . This aspect of

the matter clearly support the case of the complainant.

The accused has not challenged the present document

issued by him.


     18.    The contents of the complaint and the

examination-in-chief affidavit clearly establish the

ingredients of Sec.138 Negotiable Instrument Act. The
                            11        C.C.No.47546/2010


complainant in order to prove his case relied on the

oral evidence.    Beside, the evidence is supported by

the   documents     produced    by    him.   There      is    no

ambiguity    in the oral and documentary evidence

brought on record. On careful examination of all the

documents of the complainant, it is clear that the

complaint is        filed well within time. The bank

endorsement, bearing the shara "no funds available"

attracts Sec.138 Negotiable Instrument Act.


      19. The next point for consideration is whether

the presumption could be drawn in favour of the

complainant. Section 139 of the Act provides that

unless contrary is proved, it shall be presumed that

the holder of the cheque received the same for

discharge of any debt or liability.       The word "shall"

indicate that it is mandatory         on the part       of the

court to draw the presumption in favour of the holder

of the cheque in due course unless rebutted. At the

cost of repetition it is worth to note that the accused

has   not   taken    any   steps     to   rebut   the        said

presumption.
                            12      C.C.No.47546/2010



      20. That apart, Sec.118 of Negotiable Instrument

Act lays down special rules of evidence applicable to

Negotiable Instruments. The presumption is one of

Law and there under a court shall presume that the

instrument was endorsed for consideration.

      According to the complainant,          they have

granted Inter Corporate Deposit to the accused person

and   the accused person      towards discharge of said

liability issued the cheque      in question.      The

complainant has also produced the cheque marked at

Ex.P.1.   The complainant has further produced the

bank endorsement marked at Ex.P.5 which clearly go

to reveal that the cheque was dishonored for the

reason "no funds available",    The complainant    has

also produced the copy of legal notice marked at

Ex.P.6 and the postal receipt at Ex.P.7 . The returned

postal cover is marked   is marked at Ex.P.8 .As the

evidence of the complainant     remained unchallenged ,

the documents produced by the complainant          also

remained unchallenged.
                           13       C.C.No.47546/2010


     21. In this case plea of the accused is recorded

as per Sec..251 Cr.P.C, wherein the accused pleaded

not guilty. As per Sec.251 of Cr.P.C. the accused has

to state about his defence. Here, except pleading not

guilty, and stating that he has got defence evidence

to be lead, but, neither the accused nor his counsel

have come forward to lead any defence evidence. As

per the   decision   reported in AIR 2014 SC 2528

Indian Bank Association v/s. Union of India)

Crl.P.NO.8943/2010        M/s.Transgare        Pvt.Ltd,

v/s.Dr.R.Parvathreddy     and    in   Rajesh   Agarwals

Case, wherein it is held that the accused cannot

simply say "I am innocent       or I plead not guilty".

The presumption of law laid down in the afore said

decision is squarely applicable to the facts and

circumstances of this case. As such it cannot be taken

that the accused has rebutted the presumption of law

by mere pleading not guilty.


     22. In this context , it is necessary to refer the

decision of the larger bench of the Hon'ble Apex Court
                                  14        C.C.No.47546/2010


held    in    Rangappa          v/s.   Mohan      reported    in

AIR 2010 SC 1889 that :

        "in the light of these extract, we are
        in agreement, with the respondent -
        claimant that presumption mandated
        by Sec.139 of the Act does not indeed
        include     the        existence     of   legally
        enforceable debt or liability "


       23. From the discussion made supra it is clear

that the accused has neither taken probable defence

nor taken steps to prove the same. The contention of

the repayment of the amount covered under the

cheque is also not             proved through cogent and

acceptable evidence. To put it other way, the accused

has not rebutted the presumption of Law available in

favour of the complainant               as envisaged under

sec.139      and   118    of    Negotiable    Instrument     Act.

Accordingly, the case of the complainant is believable

one. Despite of giving sufficient opportunity the

accused has not bothered to lead defence evidence.

The accused has not rebutted the case of the
                              15     C.C.No.47546/2010


complainant. Hence, this Point No.1 is answered in the

Affirmative.



     24. Point      No.2: In view of the reasons stated

and discussed above, the complainant             has proved

the guilt of the accused for the offence punishable

under Sec.138 Negotiable Instruments Act .



     Hence, I proceed to pass the following :



                         ORDER

Acting u/s.255(2) Cr.P.C accused is convicted for the offence punishable under Sec.138 Negotiable Instruments Act and sentenced to pay fine of Rs.71,75,000/-.(Rs.Seventy One Lakhs Seventy Five Thousand only) In default, shall under go SI for a period of one year Acting under Section 357 (1) (b) of Cr.P.C, out of the fine amount the complainant is entitled for Rs. Rs.71,70,000/-.(Rs.Seventy One Lakhs Seventy Thousand only) towards compensation amount.

16 C.C.No.47546/2010

Acting under Section 357 (1) (a) of Cr.P.C, the remaining fine amount of Rs.5,000/- (Rupees Five Thousand Only) is confiscated to the State .

Furnish free copy of judgment and order to convicted-accused.

(Dictated to the Stenographer directly on the computer, typed by her , corrected and signed then pronounced by me in the open court on this the 8th day of June , 2018).

(SHIRIN JAVEED ANSARI ) XXV A.C.M.M., BANGALORE.

ANNEXURE

1) LIST OF WITNESSES EXAMINED FOR THE COMPLAINANT:

P.W.1 : R.M.Nanjundaswamy.
2) LIST OF DOCUMENTS MARKED FOR THE COMPLAINANT:
   Ex.P.1          :     Cheque.

   Ex.P.1(a)       :     Signature of the accused .

   Ex.P.2          :     Certified copy of Incorporation

   Ex.P.3          :     CC of the Board Resolution.

   Ex.P4           :     Letter

   Ex.P.5          :     Bank Endorsement.

   Ex.P.6          :     Copy of the legal notice.
                          17       C.C.No.47546/2010


  Ex.P.7       :     Postal receipt.

  Ex.P.8       :     Notice.

  Ex.P.9       :     Declaration.

  Ex.P9(a)     :     Signature of the accused.


3) LIST OF WITNESSES EXAMINED FOR THE ACCUSED:- -

-Nil-

4) LIST OF DOCUMENTS MARKED FOR THE ACCUSED:

-Nil-
( SHIRIN JAVEED ANSARI ) XXV A.C.M.M.,BANGALORE.
18 C.C.No.47546/2010
8.6.2018.

For judgment:

ORDER (Judgment pronounced in open court vide separate sheets) Acting u/s.255(2) Cr.P.C accused is convicted for the offence punishable under Sec.138 Negotiable Instruments Act and sentenced to pay fine of Rs.71,75,000/-.(Rs.Seventy One Lakhs Seventy Five Thousand only) In default, shall under go SI for a period of one year Acting under Section 357 (1) (b) of Cr.P.C, out of the fine amount the complainant is entitled for Rs. Rs.71,70,000/-.(Rs.Seventy One Lakhs Seventy Thousand only) towards compensation amount.
Acting under Section 357 (1) (a) of Cr.P.C, the remaining fine amount of Rs.5,000/- (Rupees Five Thousand Only) is confiscated to the State .

Furnish free copy of judgment and order to convicted-accused.

19 C.C.No.47546/2010

XXV A.C.M.M.,B'lore.

20 C.C.No.47546/2010 21 C.C.No.47546/2010