ORDER

P.K. Tripathy, J. - Learned counsel for the opposite party files the certified copy of the complaint, initial statement and me order sheets in I.C.C. No. 66 of the 1999 of the Court of S.D.J.M., Panposh at Uditnagar, Rourkela.

2. Heard further argument and the application under Sec. 482, Cr. P.C. is disposed of in the following manner at the stage of hearing on admission.

3. The undisputed fact is that petitioner is the accused No.2 and opposite party is the complainant in I.C.C. No. 66 of 1999. The complainant instituted the said proceeding with the allegation of commission of the offence under Sec. 138, Negotiable Instruments Act. 1881 (in short the 'Act') by the petitioner with respect to two cheques totally amounting to Rs. 2,80,000/- (Two lakhs and eighty thousand). According to the averment in the complaint and the initial statement of the complainant the said two cheques issued by the accused No.2 on behalf the Company i.e. accused No.1 were presented for payment in the concerned bank on 4-3-1999 i.e. within the period of validity of the cheques. On 18-3-1999 the complainant got the message from the Bank relating bouncing of the cheques on the ground that the accused h