THE HIGH COURT OF KARNATAKA
SACHIN SHANKAR MAGADUM
H. N. MANJUNATH – Appellant
Versus
NITHIN DEVOOR – Respondent
ORAL ORDER
These petitions are between the same parties and since common issue is involved in all these cases, all are taken up together for final disposal.
2. The facts leading to the case are as follows:-
The respondent/complainant has instituted in all nine private complaints against the petitioner/accused for the offences punishable under Sections 138 and 142 of the Negotiable Instruments Act, 1881, read with Section 223 of the BNSS. The substance of the allegation in all these complaints is that the complainant had initially entered into a partnership deed with the accused and, subsequently, an agreement was executed on 06.01.2021. Under this agreement, the complainant claims to have invested a sum of Rs.35,00,000/- and, in addition thereto, a further sum of Rs.28,00,000/-. It is the complainant’s case that, in all, he advanced a financial assistance of Rs.50,00,000/- to the accused at different intervals, which liability the accused is said to have acknowledged.
3. The complainant further asserts that, despite repeated demands, the accused failed to repay the amounts advanced and, in discharge of the said liability, issued nine cheques, drawn on the Union Bank of India, Bogadhi
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