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2026 Supreme(Online)(Mad) 19778

IN THE HIGH COURT OF JUDICATURE AT MADRAS
G.K.ILANTHIRAIYAN, J
Sakthivel.N – Appellant
Versus
M/s.Equitas Small Finance Bank Limited – Respondent


Advocates:
For the Appellants/Petitioners: Mr.E.Vinoth Kumar

Table of Content
1. overview of criminal original petition and background. (Para 1 , 2)
2. arguments regarding dual proceedings. (Para 3)
3. court's observation on dual proceedings. (Para 4 , 5)
4. final ruling and order. (Para 6)

THE HONOURABLE MR. JUSTICE G.K.ILANTHIRAIYAN Crl.O.P.No.29707 of 2022 and Crl.MP.Nos.18217 & 18218 of 2022 Sakthivel.N ... Petitioner Vs.

M/s.Equitas Small Finance Bank Limited, Rep. By its Power of Attorney Agent KV.Kumerasan, Spencer Plaza, No.769, 4th Floor, Phase II, Anna Salai, Chennai 600 002 ... Respondents Prayer: Criminal Original petition filed under Section 482 of Cr.P.C. praying to call for the records relating to proceedings in STC.No.315 of 2015 pending on the file of the Judicial Magistrate, Fast Track Court-II in Poonamallee and to quash the same.

For Petitioner : Mr.E.Vinoth Kumar

ORDER

This criminal original petition has been filed praying to quash the proceedings in STC.No.315 of 2015 pending on the file of the Judicial Magistrate, Fast Track Court-II in Poonamallee.

2. The petitioner is the accused in the complaint lodged by the respondent for the offence punishable under Section 138 of NI Act on the allegation that the petitioner borrowed loan

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