B.SIVA SANKARA RAO
Narendra Urangi – Appellant
Versus
Greenmint India Agritech Pvt. Ltd. – Respondent
1) The petitioners in Crl.P.No.11336 of 2014 are A-3 to A-5 and the petitioners in Crl.P.No.13561 of 2014 are A-1 and A-2 of C.C. No.262 of 2014 on the file of II Special Magistrate, Hyderabad for the offence punishable under Section 138 of Negotiable Instruments Act, outcome of the private complaint filed by the 1st respondent-complainant for dishonour of the cheque bearing No.369876, dated 19.02.2014 for Rs.50,00,000/-. It is from the cause of action and after statutory notice, dated 24.02.2014 served on the accused persons 1 to 5 covered by acknowledgments dated 25.02.2014 and after the statutory waiting for non-payment and no reply, the complaint is filed.
2) The present quash petitions filed – (a) so far as by the petitioners A-3 to A-5 are that they are mere directors and they are no way responsible for the day to day affairs of the Company which is a statutory requirement under Section 141 of the N.I.Act with specific allegations in the complaint for taking cognizance and the private complaint case without even such averments and without proper application of mind on the said requirement taken cognizance for the offence by the learned Magistrate from a stray sentenc
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