IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HONOURABLE SRI JUSTICE N.TUKARAMJI CRIMINAL PETITION No.4620 OF 2024 DATE: 24.02.2026 Between :

Mr A Pitchiah … Petitioner AND The State of Telangana Rep., by its Principal Prosecutor, High Court of Telangana, Hyderabad Telangana and another.

… Respondents.

O R D E R:

This Criminal Petition is filed under Section 482 of the Code of Criminal Procedure, 1973 (for short, “Cr.P.C.”), seeking quashment of the proceedings dated 01.04.2024 and 08.04.2024 against the petitioner/A-4 in STC N.I. No. 3660 of 2022 on the file of the XII Metropolitan Magistrate, Manoranjan Complex, Nampally, for the offence punishable under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881 (for short, “the N.I. Act”).

2. Briefly stated, the relevant facts are that respondent No. 2 filed a private complaint under Section 200 Cr.P.C. alleging that accused No. 1 is a Company and accused Nos. 2 to 4 are its Directors. It is averred that the complainant arranged financial assistance of Rs. 12,70,00,000/-, pursuant to which three cheques dated 10.01.2022 were issued on behalf of accused No. 1 Company. On presentation, the cheques were d