G.B.SINGH
Vinod Kumar Dewan – Appellant
Versus
State of U. P. – Respondent
G.B. Singh, J.
1. THIS is a petition under Section 482 of the Code of Criminal Procedure.
2. M/s. Motor Sales Limited, Lucknow is a company incorporated under the Indian Companies Act and is a dealer of TELCO and sells chassis of trucks manufactured by TELCO and give the truck chassis on hire purchase basis also. Nankau Prasad Singh opposite party no. 2 approached M/s. Motor Sales Limited and proposed to have a truck chassis on hire purchase basis The Motor Sales Limited accepted the proposal and a hire-purchase agreement was drawn up on 23-7-1982 (Annexure no. 2). The opposite party no. 2 agceed to purchase a chassis for a sum of Rs. 250377/- and paid Rs 57745/- as initial payment. The balance was to be paid in 17 instalments; the first of them was of Rs. 11354/- and the other 16 instalments were of Rs. 11330/-. The first instalment was payable on 24th September, 1982 and the other instalments were payable on 24th day of every succeeding calendar month. The chassis was registered with R.T.O., Allahabad and the number assigned to it was URS-9518. It appears that some of the instalments could not be paid by the due dates and ultimately a sum of Rs 23990/- towards instalments
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