A.SELVAM
Sree Gokulam Chit & Finance Co. (P) Ltd. – Appellant
Versus
S. Shanthi – Respondent
A. Selvam, J.
These criminal appeals have been directed against the orders of acquittal passed in Calendar Case Nos. 192 of 2006, 746 and 981 of 2005 by the Judicial Magistrate No. II, Coimbatore.
2. The appellant herein, as complainant has filed three complaints under Section 138 of the Negotiable Instruments Act, 1881 ('NI Act' in short) on the file of the Trial Court and the same have been taken on file in Calendar Case Nos. 192 of 2006, 746 and 981 of 2005, wherein the present respondent has been shown as sole accused.
3. The material averments made in the complaint filed in C.C. Nos. 192 of 2006 are that the complainant is a Private Limited Finance Company. The accused is one of the subscribers of the chit group No. G2E 07 vide ticket No. 10 and 15. The value of Chit is Rs. 1,00,000/-(Rupees One lakh only) and the same should be paid in twenty instalments. The accused has become successful bidder. But she has become irregular in paying amount. Under the said circumstances, she is liable to pay a sum of Rs. 38,500/-(Rupees Thirty eight thousand five hundred only) to the complainant. In order to discharge her liability she has given the cheque, in question and the same ha
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