Even in Raangappa (supra) relied
upon by the learned counsel for the appellant
it was observed that failure on the part of the
accused to reply to the statutory notice under
Section 138 of the Act lead to inference that
there was merit in complainant's version."
"Admittedly, no reply to the legal notice was
sent by her thereby rebutting the allegations
made by the complainant. As far back in the
year 1980, in Kaluram V. Sita Ram, 1980
RCR Note 44, it was held by this Court that
when serious allegations are made in a notice
and defendant failed to sent any reply, then
the allegations are deemed to have been
admitted.