V.BHASKARA RAO
P. Vageswari – Appellant
Versus
Venkateswara talkies – Respondent
( 1 ) THIS petition is filed to quash the proceedings in C. C. No. 55 of 1994 on the file of the Court of the Judicial First Class magistrate, Palasa.
( 2 ) THE first respondent herein filed a private complaint alleging that the first petitioner herein to discharge a debt of rs. 38,000/- with the signature of the second petition issued a post-dated cheque to the first respondent. When the first respondent presented the cheque to the Bank, the same was returned saying that the funds were not sufficient to honour the same. The complaint of the first respondent is that the petitioners with a dishonest intention to deceive the first respondent issued the cheque know well that there were no funds in their account and thereby committed an offence under Sec. 420 I. P. C.
( 3 ) THE learned counsel for the petitioners contended that when he cheque is dishonoured, the appropriate remedy to the first respondent-complainant is to file a complaint under Sec. 138 of the Negotiable instruments Act after following the procedure laid down under that provision and the complaint filed under Sec. 420 I. P. C. is not maintainable. Relying upon the decision of this Court in M/s. Racha
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.