P.D. Waingankar, J.

1. This Criminal Revision Petition is filed under Section 397 r/w Section 401 of Cr.P.C. praying to set aside the order dated 03.01.2007 in Cri. A. No. 15040/2002 on the file of the XXXVI Additional City Civil and Sessions Judge, Bangalore, dismissing the appeal filed against the judgment and order dated 11.04.2002 in C.C. Nos. 22939/1996, 22940/1996 and 22941/1996 on the file of the XIV Additional Metropolitan Magistrate, Bangalore. The petitioner-M/s. Savik Vijay Engineering Pvt. Ltd., purchased certain Cooling Systems from M/s. Vijay Hydraulics. The respondent-M/s. Lloyds Finance Ltd., is the financier for the purchase of Cooling Systems. The purchases were made under Hire Purchase Agreement by the petitioners with the respondent. The amount financed by the respondent-M/s. Lloyds Finance Ltd., was Rs. 10,00,000/-. 36 cheques were issued to the respondent by the petitioners towards the payment of 36 Equal Monthly Instalments in order to repay the loan. Out of 36 cheques, 33 cheques have been encashed. The last 3 cheques when presented for encashment were dishonoured. The factum of dishonour of those cheques was informed to the petitioners by issuance of no