J.M. Malik, Presiding Member —The complainant, Basant Parvati C.H.S. Ltd. has alleged that the State Bank of India cleared its forged cheque in the sum of Rs.70,000/- on 15.9.2004. Thereafter, the watchman reported the matter after a lapse of about three months that the above said cheque has been forged. The relevant letter dated 16.12.2004 runs as follows:

“To,

The Senior Inspector,

Worli Police Station,

Worli, Mumbai 400 025

Dear Sir,

Yesterday about 1.30 pm the Society watchman Rohidas Patil informed me that a cheque of Rs.70,000/- (Rupees Seventy thousand Only) dated 15.9.2004 of State Bank of India, Worli Sea Face Branch, has been encahsed by one Dilip Sonekar under forged signatures. I immediately went to the Bank and met the lady Manager there and asked her to show the instrument which has been encashed. The cheque was shown to me. The manager then told me that my signature are forged on the cheque but other signature of the treasurer appear to be genuine. I pointed out to her that other signature also appear to be forged. Thereafter, Society’s watchman Rohidas Patil and Banker’s Iqbal went to the house of Deepak Waiker another watch man of Society residing at Worl