IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HON’BLE SMT.JUSTICE TIRUMALA DEVI EADA Date:16.03.2026 Between:

Vikas Agencies, Thorrur, Rep. by its Proprietor Santhoshimatha …Petitioner/Accused And The State of Telangana Through the Public Prosecutor, High Court of Telangana and another … Respondents

ORDER:

This criminal petition is filed seeking to quash the proceedings against the petitioner-accused in STC No.4 of 2023 on the file of Judicial Magistrate of First Class, Thorrur, registered for the offences under Sections 138 and 142 of the Negotiable Instruments Act (for short ‘NI Act’) and Section 420 of IPC.

2. Heard Sri Janardhan Goud Sunkari, learned counsel for the petitioner, Sri D. Arun Kumar, learned Additional Public Prosecutor for the respondent No.1-State and Sri Kiran Palakurthi, learned counsel for respondent No.2.

3. The complainant is the Ex-husband of one Santhoshimatha, Proprietor of the petitioner-accused Company. The case of the complainant is that in the year 2018, the accused obtained an amount of Rs.96.00 lakhs as loan from the complainant for construction of house and promised to pay interest at 24% per annum and in discharge of the said debt, a c