01. This case is registered U/sec.200 of
Cr.P.C based on the written complaint given by the
complainant against the accused for the offence
punishable under Section 138 of Negotiable
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Instrument Act, 1881 (hereinafter called as NI Act
for the purpose of brevity).
02. The case of the complainant in brief is as
under : –
The complainant and accused are known to
each other. The accused has approached the
complainant for hand loan of Rs.6,00,000/- for his
business and domestic purpose. Accordingly, the
complainant has lent the said amount on
12.08.2014 to the accused. Though the accused
has agreed to repay the same within a short span
but he failed to do so. Upon insistence, the
accused has issued a cheque bearing No.023317
dated 09.09.2015 for sum of Rs.6,00,000/- drawn
on State Bank of Mysore, Yelahanka Branch,
Bengaluru. As per the instruction of the accused,
when the complainant has presented the said
cheque for encashment through his Banker, the
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same came to be dishonored with an endorsement
as a “funds insufficient” on 15.09.2015. As such
the complainant has issued demand notice dt:
