A.P.BHANGALE
Gaurav Omprakash Jaju – Appellant
Versus
Shri Shakti Fabrics – Respondent
1. This appeal is directed against the judgment and order dated 27.2.2009 rendered by the Special Court, Nagpur, under Section 138 of the Negotiable Instruments Act ( in short “the N.I. Act”) in Criminal Case No.9182 of 2007, whereby the complaint of the appellant has been dismissed and respondent/accused has been acquitted of offence punishable under section 138 of the NI Act.
2. Appellant Gaurav Jaju averred in the complaint that he had lent an amount of Rs. 70,000/to the accused on the recommendation of his brother Subhash on 5.12.200 which amount, was agreed to be returned by accused within a month free of interest. Cheque bearing No.114388 dated 5.1.2007 for Rs 70,000/drawn upon Punjab National Bank was issued by accused in favour of the appellant for the purpose of repayment. On the request of accused, the complainant did not present the cheque for encashment on 5.1.2007 or immediately thereafter. He, however, presented the cheque in May, 2007 which was dishonoured with remarks “funds insufficient” and returned to his bankers unpaid. Complainant served demand notice in writing upon respondent by RPAD. Although served, the demand made in the legal notice was not com
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.