PRINCIPAL BENCH AT BENGALURU
M/S ISHWARYA AGENCIES – Appellant
Versus
M ISHAQ BANARASI – Respondent
The appellant/complainant has preferred this
appeal against the judgment of acquittal dated 04.08.2011
passed in C.C.No.1030/2009 by the Court of Prl. Senior
Civil Judge & CJM, Davangere.
2.
For the sake of convenience, the parties in this
appeal are referred to as per their status and rank before
the Trial Court.
3.
The case of the complainant is that accused is
the proprietor of M/s. Banaras Sughanda House herein
after referred to a "Firm" and claims that earlier it was a
partnership Firm between the accused and his brother M.
Ishaq Banarasi. Further, he claims that the accused had
business transaction with him and the accused has availed
credit facility of Rs.8,00,000/- (Rupees Eight lakhs only),
- 3 -
and in the meanwhile, partner of the accused by name M.
Illias Banarasi, went out of the partnership and the
accused continued the business of the Firm as a sole
proprietor.
He
further
claims
that
the
accused
acknowledged
the
debt
by
executing
a
letter
of
undertaking dated 12.12.2003 by assuring that he will
make payment towards the dues from time to time and in
pursuance of the said assurance, the accused issued
cheque for Rs.50,000/- and for Rs.2,00,000/- respectively
drawn
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.