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2024 Supreme(Guj) 625

M. K. THAKKER
Hareshkumar Mansukhlal Vithalani – Appellant
Versus
State of Gujarat – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Alok M. Thakkar.
For the Respondents: Jignesh L. Hajare, Vrunda Shah.

JUDGMENT :

M.K. THAKKER, J.

1. This appeal is filed under Section 378 of the Code of Criminal Procedure, 1973 (the Cr.P.C. referred hereinafter) challenging the judgment and order of acquittal dated 27.02.2023 passed by the learned Presiding Officer Special N.I. Act Court, Rajkot in Criminal Case No. 10103 of 2018, whereby the learned trial Court has exercised the power under Section 256 of the Cr.P.C. and dismissed the complaint and acquitted the respondent-accused from the offence punishable under Section 138 of the Negotiable Instruments Act, 1886 (‘the N.I. Act’ hereinafter).

2. It is the case of the complainant that the complainant and the respondent-accused were friends and for the development of the business, the complainant lent the amount of Rs. 4 Lakh through RTGS to the respondent-accused on 04.03.2017. On repeated demand, the cheque bearing No. 019671 of Rs. 4 Lakh was issued dated 10.04.2018. On depositing the cheque with the Bank, it was returned with an endorsement ‘fund insufficient’ and therefore, after following the due procedure under the N.I. Act, a private complaint came to be filed.

2.1. Learned trial Court after recording the verification issued the summons to th

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