Crlmc3309.09 & 3334.09

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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Crl.M.C.3309/2009 & Crl.M.C.3334/2009

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Date of Order : 24^th February, 2010

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LAXMI VISHNU TEXTILES

..... Appellant

! Through: Mr.Arvind Chaudhary, Adv.

versus

$

INDIABULLS CREDIT SERVISES LTD. &.... Respondent

^

Through: Mr.Sanjay Abbot, Advocate for

Respondent No.2.

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CORAM:

HON'BLE MR. JUSTICE V.K. JAIN

1.

Whether the Reporters of local papers

may be allowed to see the judgment?

No

2.

To be referred to the Reporter or not?

No

3.

Whether the judgment should be

No

reported in the Digest?

: V.K. JAIN, J. (ORAL)

1.

This is a petition seeking quashing of the criminal

complaint filed against the petitioner under Section 138 of

Negotiable Instruments Act. Quashing has been sought primarily

on the ground that Delhi Court does not have jurisdiction to

entertain and try the complaint.

2010:DHC:1147

Crlmc3309.09 & 3334.09

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2.

There are five essential ingredients of offence under

Section 138 of the Negotiable Instruments Act: (i) drawing of

the cheque, (ii) presentation of the chequ