:
This complaint is instituted by the complainant against
the accused under Section 200 of Cr.P.C. for the offence
punishable under Section 138 of Negotiable Instruments Act-
1881.
2. The Case of the complainant as per complaint
averments is as follows:
The complainant company is registered under the
provisions of the Companies Act and during the course of its
financial services had introduced Home Loan facilities for the
benefits of their customers. Accused had availed the housing
loan and agreed to repay the same in equated monthly
installments. Towards part payment of the said debt, he has
SCCH-10
issued a cheque for a sum of Rs.49,00,000/-. The said cheque
when presented was returned dishonoured for ‘Funds
Insufficient’. Then, the complainant got issued a legal notice to
the accused calling upon him to pay the amount covered under
the cheque. Despite receipt of notice, the accused has not paid
the cheque amount. Thus, the accused has committed the
offence punishable U/Sec.138 of Negotiable Instruments Act.
Hence, this complaint.
