V.ESWARAIAH
N. K. Jain – Appellant
Versus
Zahid Ali – Respondent
V. Eswaraiah, J.—The Complainant is the appellant and the first respondent is the accused. The complaint filed by the complainant in C.C. No. 237 of 1997 on the file of IV Metropolitan Magistrate, Hyderabad against the accused for the offence under Section 138 of Negotiable Instruments Act has been dismissed by the Judgment dated 5-12-1997, holding that the complainant failed to prove the guilt of the accused and the cheque Ex.P-1 issued is not to discharge the legally enforceable debt or liability and accordingly, the accused was found not guilty of the said offence. Aggrieved by the said Judgment, the complainant filed this appeal. The parties herein are referred to as they are arrayed in the Court below.
2.The complainant filed the complaint under Section 138 of the Negotiable Instruments Act (in short Act), stating that the accused is having acquaintance with him since long time and in the month of December, 1996, the accused took hand loan of Rs. 1,00,000/- from him by executing Ex. P-2 promissory note, dated 15-12-1996 with one surety and by issuing Ex.P-1 post dated cheque dated 27-1-1997. when the said cheque was presented on 27-1-1997 for clearance, the same was
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