RAJIV GUPTA
Arjun Singh @ Arjun Singh Yadav – Appellant
Versus
State of U. P. – Respondent
| Table of Content |
|---|
| 1. complaint details regarding dishonor of cheque. (Para 2 , 3 , 4) |
| 2. defense arguments against 138 n.i. act proceedings. (Para 5 , 6) |
| 3. prosecution arguments supporting trial. (Para 7 , 8) |
| 4. legal presumptions under n.i. act. (Para 9 , 10 , 11 , 12 , 13 , 14) |
| 5. limitations of judicial intervention at this stage. (Para 15 , 16) |
| 6. dismissal of the application. (Para 17 , 18) |
JUDGMENT
Rajiv Gupta, J.
Heard learned counsel for the applicants, learned A.G.A. for the State and perused the record.
2. The instant application under Section 482 Cr.P.C. has been filed with the prayer to quash the impugned summoning order dated 31.03.2023 as well as entire criminal proceedings of Complaint Case No. 928 of 2022 ( Mukesh Kumar v. Arjun Singh ), under Section 138 of N.I. Act, Police Station Kotwali, District Etawah, pending in the court of Additional Chief Judicial Magistrate, Court No.02, Etawah.
3. As per the allegations made in the complaint, it is alleged that applicant had issued a cheque bearing cheque no. 300271 dated 29.07.2022 for an amount of Rs. 33,50,000/- in favour of opposite party no.2, however, on presentation of the said cheque before the Bank, the same was disho
Dishonour of a cheque due to insufficient funds constitutes an offence under Section 138 of the N.I. Act, regardless of claims of theft, unless the evidence at trial proves otherwise.
Dishonour of a cheque under Section 138 is actionable regardless of claims of stop payment or misplaced cheque, with legal presumptions favoring existence of debt or liability.
A sole proprietor can be held individually liable under Section 138 of the N.I. Act, even if the cheque was issued as a security. Arguments regarding vicarious liability and misuse are insufficient f....
The legal presumption under Section 139 of the NI Act favors the complainant, and factual disputes must be resolved at trial, not pre-trial.
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.