A.K. Sikri, J.

M/s. Rajrani Exports Pvt. Ltd. has filed complaint under Section 138 of the Negotiable Instruments Act (in short the NI Act) against four persons. Accused Nos. 1 and 2 are two companies, namely, M/s. Maikaal Boire India Ltd. and MI s. Maikaal Fibres Ltd. Accused No.3 Sh. Mrigendra Jalan is shown as the Managing Director of M/s. Maikaal Fibres Ltd. and Sh. Shyam Sunder Kejriwal (accused No.4) is described as the Director of M/s. Maikaal Fibres Ltd. As per the averments made in the complaint, the two companies, namely, accused Nos. 1 and 2 are group companies of M/s. Maikaal Group of Companies. Both the companies are having their factory I manufacturing units as well as registered office at Village Bheel Gaon, Tehsil Kesarwad, District Khargone, MP and also having several common Directors. Accused No.3 is Director in both the companies. It is alleged that accused Nos. 3 and 4 approached the complainant through one common person in the month of October, 2002 and held several meetings with the complainant company. They approached MI s. Maikaal Fibres Ltd. (accused No.1) with magnified financial credentials and allured the complainant to provide some finance to th