B.RAJENDRAN
C. P. Prabhakaran – Appellant
Versus
Arjun Amaravathi Chits (P) Ltd. – Respondent
B. Rajendran, J.
1. The petitioners are the accused in C.C. No. 118 of 2009 on the file of the learned XVIII Metropolitan Magistrate, Saidapet, Chennai-15 and they have been convicted for the offence under Section 138 of the Negotiable Instruments Act and sentenced to undergo Imprisonment Till the Raising of the Court and to pay the cheque amount of Rs. 22,400/- as compensation in default, to undergo simple imprisonment for three months. As against the conviction and sentence imposed, the petitioner filed Crl. Appeal No. 118 of 2009 and the first appellate Court by judgment dated 04.03.2010 confirmed the same. Aggrieved by the same, the present Criminal Revision Case is filed. The case of the complainant in brief is as follows:
"The petitioners/accused is a subscriber of the chit with tine complainants company and they have also prized the chit amount before the termination period; however, they have not paid the balance chit amount within the stipulated period; Hence, the complainant requested them to discharge their legal dues; for which, the petitioners jointly issued a cheque dated 03.10.2002 for a sum of Rs. 22,400/-. However, when it was presented for payment, the same w
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