K.B.SIDDAPPA
Andhra Engineering Corporation rep. by G. Somasekhara Rao – Appellant
Versus
T. C. I. Finance Ltd. Secunderabad and Another – Respondent
K.B. Siddappa, J. - This Revision is filed against the judgment and sentence passed in Crl. A. No. 91/98 on the file of VI Additional Metropolitan Sessions Judge, Hyderabad.
2. The case arises under Section 138 of Negotiable Instruments Act. Admittedly the petitioner/accused approached the complainant/1st respondent for Bill Discounting facility by entering into agreement in the month of July. 1995. The petitioner availed the Bill Discounting facility amounting to Rs. 10,76,426-25ps. The petitioner signed the Hundi and submitted invoices along with his covering letter. The petitioner had to repay the Bill Discounting amount within 90 days from the period of borrowal. The due date was 28-10-1995. However, he did not repay the amount. The petitioner issued Ex. P-8, which is the cheque in this case dated 28-10-1995 for an amount of Rs. 10,76,000/- Subsequent to the issuance of the cheque an amount of Rs. 2,00,.000/- was paid in the month of November, 1995. Again in the month of February, 1996 the petitioner paid Rs. 50,000/-. On 23-2-1996, a further amount of Rs. 1,821/- was paid. In all the petitioner paid Rs. 3,01,821/-. P.W.1 who is authorised to file the complaint stated th
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