PADMINI JESUDURAI
Krishan Bai – Appellant
Versus
Arti Press – Respondent
PADMINI JESUDURAI J.
The accused in C.C. No. 46 of 1990, pending trial before the Judicial Magistrate, Sivakasi, for an offence under section 138 of the Negotiable Instruments Act, 1881, as amended by the Act 66 of 1988, on a complaint given by the respondent herein, invokes the inherent powers of this court under section 482 of the Criminal Procedure Code, to quash the above proceedings. The allegation in the complaint is that, for liabilities arising out of supply of pictorial calendars by the respondent to Surya Advertising P. Ltd., whose sister concern is Mudra Graphic P. Ltd., the petitioner being the managing director of both the concerns, representing that funds in Surya Advertising P. Ltd. were not sufficient and that there was sufficient funds in Mudra Graphics P. Ltd., issued a cheque for Rs. 20, 000 in Mudra Graphics P. Ltd. account.
The cheque when presented by the respondent through the Tamil Nadu Mercantile Bank Ltd., Sivakasi, was returned unpaid for want of funds with an endorsement by the bank "refer to drawer". The statutory notice of demand was given to the petitioner requiring him to pay the amount within 15 days of the receipt of the notice and the pe
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.