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2024 Supreme(Online)(TEL) 4827

HIGH COURT OF TELANGANA
K.SURENDER, J
GIDIPATI RAVI – Appellant
Versus
RACHAKONDA SRINIVASA RAO AND ANOTHER – Respondent


JUDGMENT:

This Criminal Appeal is filed by the appellant/complainant aggrieved by the judgment dated 04.10.2013 passed in C.C.No.73 of 2010 on the file of the Judicial Magistrate of First Class at Nakrekal.

2. Heard learned counsel for the appellant and learned Additional Public Prosecutor for the respondent – State. Perused the record

3. Vide impugned order, the trial Court had acquitted the accused. Aggrieved by the said order, the appellant/complainant is before the trial Court. He has filed a complaint under Section 138 of the NI Act against the respondent/accused on the ground that an amount of Rs.2.00Lakhs was taken as hand loan. At the time of taking the loan, a demand promissory note was also executed in favour of the complainant. Though several attempts were made by the complainant for repayment of the outstanding amount, the amount was not repaid. However, the cheque for Rs.50,000/- was given. The said cheque when presented for clearance, the same was returned unpaid with endorsement “insufficient funds”. Thereafter, notice was sent to the accused to the oil mill address which was correct address of the accused according to the complainant. The said notice was returned on t

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