SANJAY DHAR
Reyaz Azad – Appellant
Versus
Mohammad Irfan – Respondent
Judgment
The petitioner has challenged complaint filed by respondent against him for offence under Section 138 of Negotiable Instruments Act (for short NI Act), which is pending before the Court of Judicial Magistrate, 1st Class (City Munsiff), Srinagar.
2. As per the impugned complaint, respondent/ complainant had a business transaction with the petitioner. It is alleged that the petitioner issued six cheques for liquidating the liability towards the respondent/complainant. The details of the cheques are as under: –
| Cheque No. | Dated | Amount | Bank |
| 673430 | 01.02.2019 | 4,00,000/- | YES Bank |
| 619635 | 26.03.2019 | 1,50,000/- | YES Bank |
| 619636 | 26.03.2019 | 1,50,000/- | YES Bank |
| 175520 | 04.01.2019 | 3,00,000/- | YES Bank |
| 053177 | 02.03.2019 | 12,00,000/- | YES Bank |
| 053178 | 04.05.2019 | 4,50,000/- | YES Bank |
3. It is alleged that the aforenoted cheques, when presented before the banker for their encashment, were dishonoured for the reasons insufficiency of funds/ pay
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