Mahesha .N vs Sathish on 2 April, 2026

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    Bangalore District Court

    Mahesha .N vs Sathish on 2 April, 2026

    KABC030132102021
    
    
    
    
           IN THE COURT OF THE XXV ADDL. CHIEF JUDICIAL
                   MAGISTRATE, AT BANGALORE CITY
    
                       Dated this the 2nd day of April 2026
                           Present : SRI. GOKULA. K
                                             B.A.LL.B.
                         XXV Addl. Chief Judicial Magistrate,
                                  Bangalore City.
    
                          C.C.No.4080/2021
     Complainant :         Mahesha N
                           S/o.Nagaraju
                           Aged 31 years
                           R/at No.65/9/373
                           5th cross, Parappana Agrahara
                           Bengaluru 560 100.
                           (By GS -Advocate )
    
                                       V/s
    
     Accused       :        Satish
                           Aged 38 years
                           R/at S.R.Industries
                           No.17/4,Bommasandra Jigani Link Road
                           Bommasandra 4th phase
                           Near Appotex
                           Bengaluru 560 099.
                           (By KSS - Advocate )
    
    Plea of accused:        Pleaded not guilty
    
    Final Order:            Accused is Convicted
    
    Date of judgment 02-04-2026
                                      2
                                                     C.C.No.4080/2021
    
                            JUDGMENT
    

    The complainant has filed the complaint under Section 200 of

    Criminal Procedure Code against the accused for the offence

    SPONSORED

    punishable under Section 138 Negotiable Instruments Act.

    2. The brief case of the complainant is as under:

    The complainant and accused are known to each other.

    The accused approached the complainant on 05.06.2019 for

    hand loan of Rs.3,00,000/- for the purposes of his business and

    family necessities. He has assured to repay the loan within six

    months. It is pleaded that believing the accused, the

    complainant has paid a sum of Rs.3,00,000/- by way of cash to

    the accused on 16.06.2019. The complainant approached the

    accused demanding to return the money with interest, but the

    accused failed to return back the amount. After several

    requests, in discharge of said liability, the accused has issued a

    cheque bearing No.041120 for Rs.3,00,000/- dated 22.09.2020

    drawn on Bank of India, Chandapura Branch, Bengaluru

    560081. The complainant presented said cheque through its

    banker ie Corporation Bank, Bommasandra Branch, Bangalore

    and said cheque returned dishonored for the reason “Exceeds

    Arrangement” on 30.09.2020. Hence, the complainant issued

    the legal notice on 08.10.2020 through RPAD and said notice

    returned with shara “Insufficient address not known” on

    27.10.2020. It is stated that inspite of issuance of notice to the
    3
    C.C.No.4080/2021

    correct address of the accused, the accused failed to pay the

    claim amount to the complainant within the statutory time.

    Therefore, the accused has committed the offence under Section

    138 of Negotiable Instruments Act. Therefore the complainant

    has filed the complaint.

    3. This case is initially filed before XV the ACJM, Bengaluru City

    and it is transferred to this court vide orders of Hon’ble CJM

    Bengaluru City bearing no. ADM I 22/2025 dated 02-12-2025.

    4. On the basis of private complaint filed by the complainant,

    the court has taken cognizance of offence and registered the

    case in PCR No.12387/2020 and recorded sworn statement of

    the complainant as PW 1 and got marked 6 documents as Ex.P1

    to Ex.P6. The court by considering the material on record issued

    process against the accused under Section 204 of Cr.PC by

    registering the criminal case. In response to the process issued

    by this court, the accused appeared before this court and he is

    released on bail. The copy of the complaint is served to the

    accused along with the summons as contemplated under

    Section 207 of Criminal Procedure Code.

    5. The substance of the acquisition as provided under Section

    251 of Cr.P.C is read over to the accused and plea is recorded.

    The accused pleaded not guilty and claimed to be tried.
    4

    C.C.No.4080/2021

    6. In view of the law laid down by Hon’ble Supreme Court of

    India in Indian Bank Association V/s Union of India and others

    reported in AIR 2014 SCW 3463, the affidavit filed by the

    complainant at the stage of taking cognizance and documents

    marked is treated as evidence under section 145 of Negotiable

    Instruments Act. The PW 1 is recalled on the application of the

    accused and he is subjected to cross examination. The

    complainant has also examined one witness as PW 2. After

    conclusion of evidence of the complainant, the incriminating

    circumstances in the evidence of PW 1and PW 2 is read over to

    the accused and his statement under Section 313 of Cr.P.C.

    recorded. The accused has denied the same as false. The

    accused himself examined as DW 1. During cross examination

    of DW 1 Ex.P7 and Ex.P.8 have been marked on confrontation.

    7. Heard arguments of learned counsel for the complainant and

    arguments of learned counsel for the accused and the reply of

    the complainant and perused the material on record and written

    arguments submitted by the accused.

    8. On the basis of the material on record the following points

    arise for the consideration of this court :

    1. Whether the complainant proves beyond all
    reasonable doubt that the accused availed hand
    5
    C.C.No.4080/2021

    loan of Rs.3,00,000/- from the complainant and
    towards repayment of said legally recoverable
    amount, the accused has issued cheque bearing
    No.041120 for Rs.3,00,000/- dated 22.09.2020
    drawn on Bank of India, Chandapura Branch,
    Bengaluru 560 081 and on presentation of the
    same through the complainant’s banker ie
    Corporation Bank, Bommasandra branch, it is
    dishonoured for the reason “kindly contact
    drawer drawee bank and please present again”/
    exceeds arrangements on 30.09.2020 and
    inspite of issuance of demand notice dated
    08.10.2020 to his correct address, the accused
    has not complied the demands in the notice and
    thus the accused has committed an offence
    punishable under Section 138 of Negotiable
    Instruments Act?

    2. What Order or Sentence ?

    9. The findings of this court to the above points are as follows:

               Point No.1      In the Affirmative.
               Point No.2      As per final order
                                         for the following :
    
                                 REASONS
    

    10. POINT NO.1: To prove the case the complainant himself

    examined as PW-1 and in his evidence affidavit he has

    reiterated the averments made in the complaint. The PW 1 has

    deposed that the accused approached him on 05.06.2019 for

    hand loan of Rs.3,00,000/- for business and family necessities

    and assured to return the said amount within six months. He
    6
    C.C.No.4080/2021

    has deposed that believing the accused, he has paid

    Rs.3,00,000/- by way of cash to the accused on 16.06.2019. He

    has deposed that in discharge of said liability, the accused

    issued a cheque bearing No.041120 for Rs.3,00,000/- dated

    22.09.2020 drawn on Bank of India, Chandapura Branch,

    Bengaluru 560081 his favour. The complainant has produced

    said cheque as Ex.P.1. The PW 1 has further deposed that when

    said cheque was presented through its banker i.e. Corporation

    Bank, Bommasandra Branch, Bangalore and said cheque

    returned dishonored for the reason “Exceeds Arrangements” on

    30.09.2020. Said Bank endorsement is marked as Ex.P.2. On

    perusal fo Ex.P 2 it shows that the cheque is dishonoured for

    the reason “Kindly contact drawer drawee bank and please

    present again”. The PW 1 further deposed that the complainant

    issued the legal notice dated 08.10.2020 through RPAD and

    said notice returned with shara “Insufficient address not

    known” on 27.10.2020. The complainant has produced said

    notice as Ex.P.3. The PW 1 deposed that he has issued the

    notice to the last known address of the accused and it is

    deemed to be duly served. Evidencing the same, the

    complainant has produced the postal receipts and the returned

    postal cover as Ex.P.4 and Ex.P.5. He has deposed that inspite

    of issuance of legal notice the accused failed to make payment.
    7

    C.C.No.4080/2021

    11. To substantiate the claim of the complainant, he has

    examined one witness as PW2. The PW2 in his evidence deposed

    that in his presence the accused has paid a sum of

    Rs.3,00,000/- to the accused and also deposed that the accused

    has issued the cheque towards repayment of the said amount.

    12. Now it is proper to consider where the complainant has

    complied all the statutory requirements for commission of

    offence under Section 138 of Negotiable Instruments Act. The

    essential ingredients of section 138 and 142 of Negotiable

    Instruments Act to be complied are i) drawing of the cheque by

    the accused from his account ii) presentation of the cheque to

    the bank with in the period of three months, iii) returning of the

    cheque unpaid by the drawee bank iv) giving notice in writing to

    the drawer of the cheque demanding of the payment of cheque

    amount with in the period of 30 days, v) failure of the drawer to

    make payment within the period of 15 days after receipt of the

    demand notice and v) Presentation of the complaint within a

    month by the complainant after expiry of 15 days of service of

    notice to the accused. Therefore it is proper to consider whether

    the statutory requirements for constituting the offence under

    Section 138 of Negotiable Instruments Act is complied by the

    complainant.

    8

    C.C.No.4080/2021

    13. The cheque is dated 22.09.2020. It is presented for

    collection and dishonored on 30.09.2020 for the reason “kindly

    contact drawer drawee bank and please present again”. The

    demand notice is issued on 08.10.2020 and it deemed to be

    served on 27.10.2020. On failure of the accused to comply with

    the demands made by the complainant in the notice with in the

    statutory time, the cause of action for the prosecution arose on

    11-11-2020. The complaint is filed before this court on

    11-11-2020 with in the time provided under the statute. Thus

    the complainant has complied all the statutory requirements for

    constitution of offence under Section 138 of Negotiable

    Instruments Act.

    14. The accused has not disputed that the Exhibit P1 cheque is

    drawn from his bank account. The accused has also not

    disputed his signature in Exhibit P1 cheque. The accused has

    taken the contention that the complainant has stolen blank

    signed cheque from his industry. The cheque was dishonored

    for the reason, kindly contact the drawer and present again. But

    in the complaint and in the evidence of PW1, he has stated that

    the cheque was dishonored for the reason, exceeds

    arrangements. The accused has not disputed the fact that there

    is no sufficient amount in the account when the cheque was

    presented for collection. Even though in the oral evidence, PW1
    9
    C.C.No.4080/2021

    has deposed that cheque was dishonored for the reason ‘exceeds

    arrangements’ as against the contents of Exhibit P2 Dishonored

    memo. The documentary evidence prevails over the oral

    evidence and both the reasons stated by PW1 and in Exhibit P2,

    dishonor memo shows that the said was dishonored. Therefore,

    in view of the presumptions available under Section 146 of

    Negotiable Instruments Act, the endorsement issued by the

    banker is presumed to be correct till contrary is proved. To

    prove the contrary, the accused has not taken any defence that

    he has sufficient amount in the account. It is not the case of the

    accused that he had sufficient balance in his account to honour

    the cheque when it is presented for collection. Therefore it is to

    be held that the cheque was dishonoured by the banker for the

    reason kindly contact the drawer meaning thereby there is no

    sufficient funds to honour the cheque.

    15. The accused has denied service of the demand notice. But

    the accused in his cross-examination as DW1 has admitted his

    address mentioned in Exhibit P3 notice and Exhibit P5 postal

    envelope and also in the cause title of the complaint. Therefore

    it is clear that the notice is issued to the correct address of the

    accused. Therefore, under Section 27 of General Procedure Act,

    the notice issued to the correct address of the accused can be

    held that it is deemed to be served.

    10

    C.C.No.4080/2021

    16. Therefore, the complainant has complied basic requirements

    for constitution of the offence under Section 138 of Negotiable

    Instruments Act. The complainant has proved issuance of

    cheque by the accused and also proved dishonour of the same

    for the reason funds insufficient etc and Service of the demand

    notice and non-compliance of the demands made in the notice

    by the accused within the statutory time. Therefore, the

    complainant is entitled for presumption under Section 118 and

    139 of Negotiable Instrument Act. The provisions of Section 118

    provides for presumption as to negotiable Instruments which

    reads as follows –

    118- Presumptions as to negotiable
    Instruments – Until the contrary is proved,
    the following presumptions shall be made –

    (a) of consideration – that every negotiable
    Instrument was made or drawn for
    consideration, and that every such
    instrument, when it has been accepted,
    indorsed, negotiated or transferred, was
    accepted, indorsed, negotiated or
    transferred, was accepted, indorsed,
    negotiated or transferred for consideration;

    (b) as to date – that every negotiable
    instrument bearing a date was made or
    drawn on such date; (c) ………………

    The provisions of Section 139 of Negotiable Instrument Act

    reads as under:-

    11

    C.C.No.4080/2021

    139- Presumption in favour of holder – It should be

    presumed, unless the contrary is proved, that the

    holder of a cheque received the cheque, of the nature

    referred to in section 138 for the discharge, in whole

    or in part, of any debt or other liability.

    17. In the decision relied by both the parties, reported in (2010)

    11 SCC 411 between Rangappa V/s Sri Mohan Hon’ble

    Supreme court has held that –

    The presumption mandated by Section 139 of the act
    does indeed include the existence of a legally
    enforceable debt or liability.

    It is also observed that

    Section 139 of the Act is an example of a reverse
    onus clause that has been included in furtherance of
    the legislative objective of improving the credibility of
    negotiable instrument. It is also held that in such a
    scenario, the test of proportionality should guide the
    construction and interpretation of reverse onus
    clauses and the defendant caused cannot be
    expected to discharge an unduly high slandered or
    proof.

    Therefore, in view of the principles laid down in the decision the

    onus is on the accused to rebut the presumption under 139 of

    Negotiable Instruments Act.

    12

    C.C.No.4080/2021

    18. The accused has not issued any reply and he has not

    received the demand notice even though it is issued to the

    correct address of the accused. The accused has taken his

    defence in the cross-examination of PW1. The defence of the

    accused is that he has not availed any loan from the

    complainant, much less a sum of Rs.3,00,000/- as alleged by

    the complainant. He is not liable to pay any amount to the

    complainant and there is no legally recoverable debt or liability.

    It is the defence of the accused is that he is running a industry.

    by name SR Industries. For the convenience of his business

    activities in the industry, he used to keep one or two blank

    signed cheques in his office in the industry. The complainant

    and PW2 have committed theft of blank signed cheque kept by

    the accused in his industry and misused the same for filing of

    this case. He came to know about misuse of cheque and theft

    committed by the complainant only after receipt of the

    summons in this case.

    19. The accused has also taken the defence that the

    complainant is not having sufficient financial capacity to lend a

    sum of Rs.3,00,000/- to the accused. It is also defence of the

    accused that he himself, PW1 and PW2 are the partners in the

    business and there arose dispute between the complainant,

    PW2 and the accused in the business transactions. Therefore,
    13
    C.C.No.4080/2021

    in view of such dispute, there is difference of opinion between

    the complainant and PW2 in the one side and the accused in

    the other side. Therefore the complainant and PW 2 came to his

    industry and picked up quarrel with the workers in the

    premises. In this regard, he has lodged complaint against the

    complainant and PW2.

    20. The accused shall prove his defence with probable evidence.

    Mere raising of contention or denial of the liability is not

    sufficient to rebut the presumption under Section 139 of

    Negotiable Instruments Act. With regard to the financial

    capacity of complainant to lend a sum of Rs.3,00,000/- in the

    cross-examination of PW1, it is elicited that he is working in

    Raghavendra Enterprises at Bommasandra and he is having

    monthly salary of Rs.18,500/-. It is also elicited that the

    complainant is residing in a rented house from last 10 years. It

    is also elicited that he is also working in the night shift in a pub

    for parking the cars of the customers and having income. It is

    also elicited that he is also bearing his the domestic expenses of

    his house. In the cross-examination of DW1, he has deposed

    that the complainant is working in a hardware shop. But he

    stated that he do not know about the salary of the complainant

    and also he do not know about the source of income of the

    complainant to lend a sum of Rs.3,00,000/-. Thus upon
    14
    C.C.No.4080/2021

    considering entire material record placed with regard to the

    financial status of the complainant is concerned, the accused

    has pleaded his ignorance about the financial background of the

    complainant, but he has admitted that complainant is working

    in a hardware shop. The PW1 has deposed that he is having

    monthly salary of Rs.18,500/- and he is also working in a pub

    in the night shift for parking of the vehicles of the customers

    and generating income from his duty. As the accused is

    ignorant about the facts deposed by PW 1, denial of such

    contention of the complainant by the accused is not having

    much relevance. Therefore, having regard to this material placed

    on record by the parties, no circumstances have been brought

    on record to doubt the financial capacity of the complainant to

    lend a sum of Rs.3,00,000/-. Therefore, on the ground of

    financial status of the complainant, the fact of lending cannot

    be doubted. The evidence brought on record is not sufficient to

    doubt the financial capacity of the complainant to lend a sum of

    Rs.3,00,000/-.

    21. Another defence of the accused is that the complainant and

    PW2 have committed theft of blank signed cheque kept in his

    industry for the purpose of his business activities. The PW1 has

    denied such suggestions of learned counsel for the accused. The

    PW2 has also denied the suggestions of the learned counsel for
    15
    C.C.No.4080/2021

    the accused that he himself and the complainant have

    committed theft of the cheque from the premises of the industry

    of the accused. In the evidence of accused as DW1 he has

    deposed that in the year 2019 the complainant and PW2 have

    taken blank signed cheque kept in his industry. In the cross-

    examination, he has deposed that in the month of May 2020, he

    came to know about the theft of his cheques from his premises

    of the industry. Now it is pertinent to note that the cheque is

    dated 22.09.2020 and it is presented on 29.09.2020. Demand

    notice is issued on 18.10.2020. The complaint is filed before

    this court on 11.11.2020. As per the statement of DW1, he

    came to know about the theft of Cheque in the month of May

    2020, much prior to the date of the cheque and presentation of

    the cheque for collection. But it is pertinent to note that even

    though he came to know about the theft of the cheque in the

    month of May 2020, the accused has not taken any legal action

    which is expected from a prudent man in such circumstances.

    The accused has admitted in his evidence that he has not

    lodged any complaint against the complainant or against PW2

    for theft of the cheque from his premises. He has also admitted

    that he has not issued any demand notice for return of the

    cheque and not taken any legal action to recover the cheque

    from the complainant. The accused once deposed that he came

    to know about theft and misuse of the cheque after receipt of
    16
    C.C.No.4080/2021

    process in this case. If it is the fact, till this day, the accused

    has not taken any legal action against the complainant for

    misuse of the cheque. Thus, upon appreciating the evidence of

    DW1 and the suggestions made to the witnesses of the

    complainant, except self-serving statement of accused that he

    has kept blank signed cheques in the premises of his industry

    and the complainant has stolen the same and misused for filing

    of this case is not probabilised with probable evidence.

    Therefore this contention or the accused is not supported with

    probable evidence and it is not helpful to the accused to rebut

    the presumption under Section 139 of Negotiable Instruments

    Act.

    22. The accused has also taken the contention that the

    complainant and PW2 have came to the premises of the

    industry and quarreled with the workers working in the

    premises. Therefore he has lodged the complaint against the

    complainant and PW2 before Surya City Police Station. With

    regard to this defence, the accused has not made any

    suggestion to PW1. This defence is taken for the first time in the

    cross-examination of PW2. The PW2 has denied such

    contentions of the accused and he has deposed that he himself

    and PW1 went to the premises of the accused demanding

    repayment of the hand loan availed by the accused. Therefore
    17
    C.C.No.4080/2021

    the accused has filed false complaint against himself and the

    complainant. But he has denied that they have quarreled with

    the workers of the accused and for that reason the accused has

    not to be complained. The accused in the cross examination of

    PW 2 has also suggested that he himself, complainant and PW2

    are the partners in business. There is difference of opnion arose

    in the business between the complainant, PW 2 and the

    accused. This contention is raised for the first time in the Cross

    examination of PW 2. No such suggestion has been made to

    PW1 that they are the partners in business of the accused and

    there is dispute between the complainant and accused in the

    business. The DW 1 in his evidence also has not deposed these

    facts suggested to PW2. Therefore, this defence of the accused is

    also not a probable defence and it is not helpful to the accused

    to rebut the presumption under Section 9 of Negotiable

    Instruments Act.

    23. The accused in the cross-examination as DW1 has

    admitted that the complainant had filed a complaint before

    Surya City Police Station stating that he owes a sum of

    Rs.3,00,000/- to the Complainant. He has also admitted that he

    has issued Exhibit P8 cheque to the complainant along with

    Exhibit P7 letter. But he has denied that in the Exhibit P7 letter

    he has acknowledged the debt of Rs.3,00,000/- to the
    18
    C.C.No.4080/2021

    complainant. The complainant has produced a cheque issued by

    the accused to the complainant as Exhibit P8 dated 10.03.2020.

    The complainant has also produced the statement of the

    accused as Ex.P 7, wherein he has acknowledged that he has

    received a sum of Rs.3,00,000/- from the complainant as hand

    loan and in this regard complainant has lodged the complaint

    with Surya City Police Station and in the Surya City Police

    Station he has issued post-dated Exhibit P8 cheque to the

    complainant. Exhibit P7. Exhibit P8 is supported with the letter

    of the accused Exhibit P7. It is true that the complainant has

    not initiated any prosecution on the basis of Exhibit P 8 cheque

    and it is not presented for collection. The Ex.P 1 cheque in

    question is dated 22.09.2020, after 6 months of Exhibit P 8

    cheque, Therefore, the Exhibit P 7 and P 8 letter and the

    cheque produced by the complainant corroborates the case of

    the complainant that he has lent a sum of Rs.3,00,000/- to the

    accused.

    24. For the rebuttal of the presumption under Section 139 of

    Negotiable Instruments Act, the accused has also relied some of

    the contradictions in the evidence of the complainant. The

    complainant in the complaint has stated that the accused has

    issued the cheque towards repayment of the hand loan when he

    has demanded for repayment of the amount. But in the cross-
    19

    C.C.No.4080/2021

    examination, he has deposed that the accused has issued post-

    dated cheque at the time of lending the amount. In the

    complaint, PW1 has stated that he has demanded repayment of

    the hand loan with interest. But in the cross-examination, he

    has deposed that there is no agreement with the accused for

    repayment of loan with interest. As per the averments in the

    complaint and evidence of PW1, the accused has agreed to

    repay the amount within 6 months of lending. But the PW2 in

    its evidence deposes that there is no conversation at the time of

    lending as to when the amount is to be repaid by the accused to

    the complainant. Thus, upon considering these contradictions

    elicited from the mouth of complainant and PW2 in the cross-

    examination, whether these contradictions are fatal to the case

    of the prosecution, is to be appreciated. As discussed above, the

    accused has failed to prove his defence with probable evidence.

    These minor contradictions in the evidence of PW1 and PW2

    itself will not create a reasonable doubt about the truthfulness

    of the statement of the witnesses before the court. In this case

    the complainant has not claimed that accused has issued

    cheque by adding the interest to principal. Further, whether

    the cheque is issued at the time of lending for security or when

    the complainant has demanded for repayment, also does not

    make much difference. Even if the cheque is issued at the time

    of lending, at the time of issuing the cheque there was liabilty to
    20
    C.C.No.4080/2021

    the accused to repay the loan. Therefore when the accused has

    not repaid the loan, such cheque will mature for presentation

    for realization of money lent to the accused. This aspect has

    been clarified in the decision of Hon’ble Supreme court reported

    in (2022) 18 SCC 614 between Sripati Singh(since Dead)

    through his son Vs State of Jharkhand and another. Wherein it

    is held that –

    21. A Cheque issued as security pursuant to a
    financial transaction cannot be considered as a
    worthless piece of paper under every
    circumstance. “security” is something given as a
    pledge of payment. It is given, deposited or
    pledged to make certain the fulfillment of an
    obligation to which the parties to the transaction
    are bound. If in a transaction, a loan is
    advanced and the borrower agrees to repay the
    amount in a specified time frame and issues a
    cheque as security to secure such repayment; if
    the loan amount is not repaid in any other form
    before the due date or if there is no other
    understanding or agreement between the parties
    to defer the payment of amount, the cheque
    which is issued as security would mature for
    presentation and the drawee of the cheque
    would be entitled to present the same. On such
    presentation, if the same is dishonoured, the
    consequences contemplated under Section 138
    and the other provisions of the NI Act would
    flow.

    21

    C.C.No.4080/2021

    Therefore in view of the principles laid down in this decision,

    even if the cheque issued for security may also mature for

    presentation and on dishonour of the same the consequences

    under Negotiable Instruments Act will follow. As discussed

    above, the accused has failed to probabilise that the

    complainant has stolen the cheque from his custody. He has

    also failed to probabilise his defence that he has not availed any

    loan from the complainant. He has also failed to probabilise that

    there is dispute between himself and the complainant about the

    business of the industry, therefore, the accused has misused

    the cheque in question.

    25. Therefore upon cumulative reading of the evidence on

    record, for the above discussions, this court is of the considered

    view that the accused has not placed probable evidence to hold

    that existence of debt is doubtful. Therefore, the contentions

    raised by the accused is not sufficient to rebut the presumption

    of existence of debt and issuance of cheque towards discharge of

    legal liability under Section 139 of Negotiable Instruments Act.

    Therefore this court concludes that the accused has failed to

    rebut the presumption under Section 139 of Negotiable

    Instruments Act. Therefore it is to be presumed about existence

    of legally recoverable debt and that EX.P 1 cheque is issued

    towards discharge of such legally recoverable debt. All the
    22
    C.C.No.4080/2021

    statutory requirements for constitution of offence under Section

    138 and 142 of Negotiable Instruments Act is complied by the

    complainant. Therefore this court concludes that the

    complainant has successfully proved that the accused

    committed the offence punishable under Section 138 of

    Negotiable Instruments Act. Therefore this court answers the

    above point No.1 in the Affirmative.

    26. POINT NO. 2 : While answering the point no. 1 this court

    concluded that the complainant proved that the accused

    committed the offence punishable under Section 138 of

    Negotiable Instruments Act. The Amount covered under the

    cheque is Rs.3,00,000/-. The cheque issued by the accused is

    dated 22.09.2020. The money involved in the case is used in

    commercial transactions. Therefore, the fine amount is

    calculated for a sum of Rs. 4,58,500/-.

    27. The Ho’ble High Court of Karnataka in the reportable

    decision in CRL.RP No. 996 of 2016 dated 09-07-2025 between

    M/s Banavathy and Company VS Mahaveer Electro Mech (P)

    Ltd at para 21 has held that –

    21. In case lesser interest is awarded and only
    default sentence is imposed, the rigor of offence
    under Section 138 will be diluted and thereby the
    object of the Statute will be defeated. If recovery and
    compensatory part is not taken care of while
    determining the quantum of sentence and
    23
    C.C.No.4080/2021

    appropriate interest is not awarded, until the date of
    recovery of the entire amount, the complainant will
    be forced to file civil suit on the same subject matter.
    In view of Section 143(3) the trial for offence under
    Section 138 of N.I.Act has to be completed within six
    months. If the said provision is not adhered to and
    the trial for the offence under Section 138 of N.I.Act
    takes 4 to 5 years, in the mean time, the claim of the
    complainant for recovery of the cheque amount by
    filing civil suit becomes barred by limitation. Not
    only that the accused who is convicted for offence
    under Section 138 of N.I.Act challenges the same
    before the Sessions Court wherein the matter takes
    2 to 3 years. The accused unsuccessful in the said
    appeal prefers revision petition before the High
    Court and it is seen that the disposal of revision
    takes more than 5 years. After all this if the
    complainant has to receive the fine/compensation as
    awarded by the trial Court, if it is cheque amount or
    little higher than the cheque amount, he will be at
    loss and put to injustice. Therefore, while passing
    the order of sentence after determining the
    fine/compensation, the Court shall also pass an
    order to pay future interest @ 9% p.a. on the
    compensation amount payable to the complainant
    by fixing time of one/two months to deposit
    compensation amount so that even if the matter is
    challenged before the Sessions Court in appeal and
    High Court in revision the interest of the
    complainant will be protected.

    In view of the directions issued in the above refereed judgment,

    it is also proper to direct the accused to pay future interest on

    the fine amount at the rate of 9 % P.A. till payment. Therefore

    considering all these aspects this court proceed to pass the

    following –

    24

    C.C.No.4080/2021

    ORDER

    By exercising powers conferred U/sec.255(2) of Cr.P.C.,

    the accused is convicted for the offence punishable under

    Section 138 of Negotiable Instrument Act and he is sentenced to

    pay a fine of Rs.4,58,500/-(Rupees Four Lakhs Fifty Eight

    Thousand and Five Hundred Only) with in a month and in

    default, pay interest at the rate of 9% from this day till payment

    of fine amount, and in default to pay the fine, the accused shall

    undergo simple imprisonment of 6 months.

    Further acting U/s 357(1)(a) of Cr.P.C. out of the fine

    amount a sum of Rs.10,000/-(Rupees Ten Thousand only) shall

    be defrayed as prosecution expenses to the state.

    Further acting U/s 357(1)(b) of Cr.P.C. a sum of

    Rs.4,48,500/-(Rupees Four Lakhs Forty Eight Thousand and

    Five Hundred Only) and interest out of the fine amount on

    recovery shall be paid as compensation to the complainant.

    Supply free copy of the judgment to the accused.

    (Partly dictated to the Stenographer directly on the computer, typed by her,
    partially dictated to Adalath Ai computer application, transcribed by it,
    corrected and signed then pronounced by me in the open court on this the
    2nd day of April 2026).

    (GOKULA.K)
    XXV A.C.J.M., BANGALORE CITY.

    25

    C.C.No.4080/2021

    ANNEXURE

    LIST OF WITNESSES EXAMINED FOR THE COMPLAINANT:

    PW.1       :     Mahesha.N
    PW.2       :     Somashekar
    

    LIST OF DOCUMENTS MARKED FOR THE COMPLAINANT:

    Ex.P1      :     Cheque
    Ex.P2      :     Bank Endorsement
    Ex.P3      :     Office copy of Legal Notice.
    Ex.P4      :     Postal receipts
    Ex.P5      :     Returned postal envelope
    Ex.P6      :     Copy of Tax invoice
    Ex.P7      :     Letter
    Ex.P8      :     Cheque
    
    
    

    LIST OF WITNESSES EXAMINED FOR THE ACCUSED:

    DW.1       :     Sathish
    
    LIST OF DOCUMENTS MARKED FOR THE ACCUSED:
                  Nil
    
    
    
    
                                         (GOKULA.K.)
                               XXV A.C.J.M., BANGALORE CITY.
     



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