ORDER

The third accused in C.C No.249/2004, who suffered concurrent conviction along with the other two accused, for the commission of offence under Section 138 of the Negotiable Instruments Act , from the Judicial First Class Magistrate Court-IV and the Second Additional Sessions Court, Kozhikode, has filed this revision challenging the verdicts of the aforesaid Courts.

2. The complaint was filed by the first respondent firm against the first accused firm represented by the second accused as its Managing Partner and the petitioner herein as Partner. The allegation against the accused was that an amount of Rs.30,99,247.25 stood due from the accused in connection with the business transaction with the complainant, and that after discussions and talks, the liability of the accused was fixed as Rs.23,99,247.25 after adjusting an amount of Rs.7,00,000/- paid by another firm. Towards