Dr. B. Siva Sankara Rao, J.

1. The appellant-complainant Dr. B. Parameswara Reddy seeks to assail the acquittal judgment against the accused persons 1 to 7(A1 to A7) dated 03.01.2008 passed by the learned Additional Junior Civil Judge-cum-Judicial Magistrate of First Class, Ponnur, in the private complaint case C.C. No. 14 of 2001 for the offence punishable under Section 138 of the Negotiable Instruments Act (for brevity 'the Act'). The case of the complainant was that, the complainant who was one of the trustees of A.1-trust viz., Charity International Trust (for short, 'the CIT'), Chittoor town represented by its Secretary (by then C. Karunakar Babu since died) advanced money to the Trust as hand loans repayable with interest, that as the trust was not functioning in proper lines and went in financial crisis, complainant resigned from the trustship and demanded the CIT for repayment of the amount with interest and service charges for which the Board of Trustees settled by agreement dated 09.09.1996 (under Ex. P17 dated 25.09.1996) to repay the dues to the complainant and issued two post-dated cheques for Rs. 20,00,000/- and the same when presented returned dishonoured and