THE HON’BLE SRI JUSTICE E.V.VENUGOPAL CRIMINAL APPEAL No.556 OF 2015

JUDGMENT:

This Criminal Appeal is filed seeking to set aside the judgment dated 29.03.2012 passed by learned I Additional Sessions Judge, Karimnagar (for short ‘the appellate court’) in Criminal Appeal No.30 of 2010, wherein and whereby the learned appellate Court modified the judgment dated 17.02.2010 in C.C.No.1305 of 2007 passed by the learned Additional Judicial Magistrate of First Class, Karimnagar.

2. The brief facts of the case are that appellant/complainant and respondent No.1/accused are well acquainted with each other. On such acquaintance, the appellant/complainant gave an amount of Rs.3,00,000/- and the accused executed a promissory note agreeing to repay the loan amount with interest 2% per month. But the accused has not paid the said amount. On demand of the complainant, the accused issued a cheque bearing No.106578, dated 19.09.2007 for an amount of Rs.2,00,000/-. When the said cheque was presented by the complainant, the said cheques were dishonoured with an endorsement “Account Closed”. Then the complainant informed the same to accused and asked to pay the amount, but, the accused gave evasive repl