P.MURGESEN
Gene – Appellant
Versus
Gabriel – Respondent
P. Murgesen, J.—This revision has been filed by the petitioner/third party against the judgment dated 4.01.2000' made in Crl. M.P.No.7239 of 2001 in C.C. No. 240 of 1998 by the learned Judicial Magistrate No. II Kuzhithurai.
2. The petitioner’s case briefly is as follows:
(i) One Thangaraj filed a petition so as to constitute a complaint under Section 138 of Negotiable Instruments Act against the respondent herein. The respondent herein borrowed a sum of Rs.1,50,000 from the complainant to be invested in his Prawn business, agreeing to repay the amount within one month and issued a cheque bearing No.961549 dated 20.7.1998 drawn at State Bank of Travancore, Thengapattanam Branch.
(ii) The cheque was presented in the State Bank of India, Kuzhithurai Branch for collection and it was returned on 8.8.1998 as unpaid due to insufficiency of fund in the respondent’s bank account. The respondent has issued the cheque knowing fully well about the insufficiency of funds in his account, and consequences thereon.
(iii) So, the complainant, within fifteen days from the date of receipt of information from the bank, sent a notice dated 19.8.1998 through his advocate on 20.8.1998 calling
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.