Y.P. Nargotra, J.— The petitioner through this petition is seeking the quashment of the proceedings initiated on the complaint of the respondent filed u/s. 138 of the Negotiable Instruments Act by invoking the provisions contained in Section 561- A, Cr. P.C. The brief facts requiring notice need to be stated.

2. The complainant has alleged in the complaint that the accused received Rs. 3.00 lacs on 17-1-1997 as loan from the complainant firm and agreed to repay the same along with interest after three years from the date of receipt thereof. He executed the necessary documents. The husband of the accused stood as guarantor. The accused made the payment of interest from month to month but defaulted w.e.f. 1-4-2002. Then the accused issued a cheque for a sum of Rs. 3.00 lacs in favour of the complainant drawn on Union Bank India, Branch Gandhi Nagar Jammu on 15-5-2002. The complainant presented the cheque with his bankers, Oriental Bank of Commerce, Ragunath Bazar Jammu, however the same was received back on 25-5-2002 through registered post accompanied by a memo of the Bank of the accused dated 17-5-2002 with the endorsement that the cheque has been dishonoured on account of h