CALCUTTA HIGH COURT
KALPANA DUTTA – Appellant
Versus
M/S SREI EQUIPMENT FINANCE PRIVATE LIMITED & ANR – Respondent
IN THE HIGH COURT AT CALCUTTA
CRIMINAL REVISIONAL JURISDICTION
APPELLATE SIDE
PRESENT:
THE HON’BLE DR. JUSTICE AJOY KUMAR MUKHERJEE
CRR 3522 of 2019
Kalpana Dutta
Vs.
M/S. Srei Equipment Finance Private Ltd. & Anr.
For the petitioner : Ms. Torsha Min Bahar
For the opposite party : Mr. Sachit Talukdar
Mr. Sachin Singh
Mr. Tirtharaj ghosal
Heard on : 21.08.2025 Judgment on : 27.11.2025
Dr. Ajoy Kumar Mukherjee, J.
1. The criminal proceeding being Case no. CS/407394/14 under section 138 read with section 141 of the Negotiable Instrument Act 1881, (in short
N.I. Act) has been assailed by the petitioner herein.
2. The allegation levelled in the complaint is that MS Karunamoyee Construction Pvt. Ltd. entered into a loan cum hypothecation agreement with the opposite party no.1 M/S Srei Equipment Infrastructure Finance Pvt. Ltd and to discharge part debts and/or liabilities against the said
agreement, the company issued three cheques drawn on Bank of Baroda through its directors in favour of opposite party no.1. It is further alleged that said cheques were deposited for encashment within the validity period but the cheques were dishonoured on the ground ‘fund insufficient and payment stopped by the drawer’
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