entire vehicle
loan, then what prevented her from seeking back the
security cheques alleged to be given to the complainant is
not forthcoming. Neither ... Because the purpose of
giving cheques for security itself is to ensure the
repayment, the security cheques also attracts Sec.138 of
NI Act. Moreover
four cheques two
cheques are O.D cheques and two cheques are current
account cheques. Further deposed that she has not
issued those cheques ... accused is liable
for dishonor of cheques. In case of dishonor of
cheques, once the execution of cheques is admitted by
the accused
have not taken any
security cheques. It is false to suggest that
the accused has issued cheques as a
security during disbursement of loan ... have not
taken any security cheques. It is false to
suggest that the accused has issued
cheques as a security during
disbursement of loan
Cheques for issuance of fresh
Cheques. He further stated that in the month of December,
2019 the Accused has issued 4 Cheques for the security ... were issued by the Accused for the security purpose
and thereafter by taking back the said security Cheques, again
Accused has issued 4 post dated
Cheques for issuance of fresh Cheques. He further
stated that in the month of December, 2019 the Accused has
issued 4 Cheques for the security ... Accused to issue fresh security Cheques and accordingly, the
Accused has issued 4 post dated Cheques as security purpose
for that the Complainant has duly
cheques, but Mr.Raghupathi Reddy
has told that while vacating the house, he will return the
cheques, but not returned them. He misused the security ... lakhs through account, Mr.Rathupathy
Reddy has not returned the security cheques to him, but
he has misused those cheques and filed cheque bounce
case
lakhs as security for the loan and despite of repayment of the said
loan amount, the complainant has misused the said security cheques ... cheques and the said cheques were issued at
the time of lending of loan. Even if it is considered as security
cheques, then also Section
said loan amount the complainant has not returned
said security cheques and by misusing the said security cheques has
filed this false complainant. As such ... security to the said loan. Inpite
of repayment of the said loan through his bank account the
complainant has not returned security cheques. However
complainant did not return it. Later one of the security cheques was
misused and the present complaint was filed. He filed complaint
against complainant ... there was no
necessity of additional security. It was also elicited that the alleged fact
of giving security cheques is not mentioned in mortgage deed
statement that
Rs.1,87,00,000/ only covered by the security cheques
but he does not admit and accept the due of amount ... referred to as security deposit means demand for
security deposits from the accused and as per that the
accused given cheques as security which
