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2025 Supreme(Guj) 1300

IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
S.V.PINTO
Mas Financial Sevices Ltd. – Appellant
Versus
State of Gujarat – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Tirth Nayak
For the Respondent: Pranav Dhagat

JUDGMENT :

S.V. PINTO, J.

1. The present appeal is filed by the appellant – original complainant under Section 378(4) of the Code of Criminal Procedure, 1973 against the judgment and order of acquittal passed by the learned 2nd Additional Chief Judicial Magistrate, Rajkot (hereinafter referred to as the “learned Trial Court”) in Criminal Case No. 9924 of 2016 on 18.04.2016, whereby the respondent No. 2 - original accused came to be acquitted from the offence under Section 138 of the Negotiable Instruments Act, 1881 (hereinafter referred to as ‘the NI Act”).

1.1 The parties are hereinafter referred to as “the complainant” and “the accused” as they stood in the original case for the sake of convenience, clarity and brevity.

2. The brief facts culled out from the memo of the present appeal as well as the impugned judgment and order and paper book filed by the complainant are as under:

2.1. The complainant company is in the business of finance and the accused had taken a loan from the complainant company by executing a loan agreement. As per the agreement, the accused had to pay regular installments, but the same were not paid and when the accounts were settled, the accused gave cheque No

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