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2024 Supreme(Guj) 1050

M. K. THAKKER
State Bank Of India Thro Branch Manager – Appellant
Versus
State Of Gujarat – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr. Rituraj M Meena
For the Respondent: Ms Monali Bhatt APP.

JUDGMENT :

Order in Criminal Misc. Application

As this Court deems it fit to decide the case on merits, the formal leave seeking to prefer an appeal is granted. The application for leave to prefer an appeal stands disposed of accordingly.

Order in Criminal Appeal

1. This appeal is filed challenging the judgment and order dated 27.01.2020 passed by the learned 2nd Additional Judicial Magistrate First Class, Padra in Criminal Case No.707 of 2017 whereby, the learned trial Court has dismissed the complaint for non-prosecution.

2. It is the case of the complainant that the complainant, who is the financial institution, has sanctioned the term loan of Rs.5,54,000/- for purchase of the car on 10.09.2015 to the respondent – accused. The loan account was also opened in the complainant branch being account no.352224768978. After availing the loan facility, the respondent – accused remained failed in making the payment of installment and on raising the demand of the loan amount, the cheque of Rs.5,44,237/- being cheque No.703930 dated 12.01.2017 of the State Bank of India, Sun Pharma Road, Atladra branch was given. On depositing the said cheque, it was returned with an endorsement of ‘insufficien

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