CHHATTISGARH HIGH COURT
Shri P. R. Ramchandra Menon, J
Dr. Premish Verma v. Lokesh Sharma
2 Brief facts are that during commercial transactions, to satisfy a legally enforceable debt, Cheque No.154749 dated 09-04-2003 drawn by the non applicant on Indira Priyadarshini Mahila Nagrik Sahakari Bank Limited, Press Complex, Sadar Bazar, Raipur (C.G.) for a sum of Rs.5 Lakhs was given to the applicant which was presented by the applicant to his banker, i.e., the Bank of India, Branch Korba (hereinafter referred to as 'the Bank'). On 23-08-2003, the applicant received information from the Bank that the aforesaid Cheque had bounced due to lack of sufficient balance in the account of the non applicant.
3 Upon receipt of such information from the Bank, the non applicant was informed by the applicant on
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