Madhu Gupta vs Krishan Gupta Alias Kanhiya on 4 July, 2026

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    Delhi District Court

    Madhu Gupta vs Krishan Gupta Alias Kanhiya on 4 July, 2026

                                 IN THE COURT OF SH. ASHISH RASTOGI
                                  ADDITIONAL SESSIONS JUDGE- 05
                                 EAST, KARKARDOOMA COURTS, DELHI
    
                                                                                 CA No.14/2026
    
                     Krishna Gupta @ Kanhiya Gupta
                     S/o Sh. R.K. Gupta
                     R/o A/9, Sainik Enclave,
                     Mohan Garden, Uttam Nagar,
                     Delhi
                                                                                   .... Appellant
                                            Vs.
                     Madhu Gupta
                     W/o Sh. Vinay Kumar Gupta
                     R/o Shakarpur near Aggarwal
                     Dharamshala, Delhi-110092
    
                                                          AND
    
                                                                                 CA No.473/2025
                     Madhu Gupta
                     W/o Sh. Vinay Kumar Gupta
                     R/o MB-120/3, Master Block,
                     Shakarpur, Delhi-110092
    
                                       Vs.
                     Krishna Gupta @ Kanhiya Gupta
                     S/o Sh. R.K. Gupta
                     R/o A/9, Sainik Enclave,
                     Mohan Garden, Uttam Nagar,
                     Delhi
    
                     Also at:
                     Plot No.1, Vikaskunj Extension, Mohan Garden,
                     Uttam Nagar, Delhi-110059
    
                     Also at:
                     A-220, Raksha Enclave, Mohan Garden
                     Uttam Nagar, Delhi-110059.
            Digitally
            signed by
            ASHISH
                                                                                  .... Respondent
    ASHISH RASTOGI
    RASTOGI Date:
            2026.07.04
            17:04:39
            +0530    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026
                     (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025            1 of 29
                                   Date of Institution (CA No.14/2026) : 13.01.2026
                                  Date of Institution (CA No.473/2025) : 20.12.2025
                                  Reserved for order : 25.05.2026
                                  Date of order       : 04.07.2026
    
                           JUDGMENT
    

    1. Vide this common order, I shall dispose off two criminal
    appeals bearing CA No.14/2026 titled as Krishna Gupta vs
    Madhu Gupta
    and CA No.473/2025 titled as Madhu Gupta
    vs Krishna Gupta @ Kanhiya. As both these these appeals
    are inter connected and are challenging the same impugned
    order, for the sake of convenience and clarity of
    understanding, the parties shall be referred to as
    Complainant (Appellant in CA No.473/2025) and Accused
    (Respondent in CA No.14/2026).

    2. Appeal bearing CA No.14/2026 is filed U/s 415 of BNSS
    filed by the appellant/accused against the Judgment dated
    17.09.2025 passed by Ld. MM (Municipal Magistrate),
    East District, Karkardooma Courts, Delhi in Ct. Case
    No.3316/2017 titled as “Madhu Gupta vs RK Gupta and
    Krishna”, vide which the appellant was convicted U/s 138
    NI Act and vide order on sentence dated 12.12.2025, the
    appellant was sentenced to undergo Simple Imprisonment
    for a period of six months and also to pay a fine of
    Rs.45,50,000/- lakhs as compensation to the complainant
    within 30 days. In default of payment of the same, convict
    was directed to undergo Simple Imprisonment for a period
    of three months. This appeal pertains to cheque bearing

    SPONSORED

    Digitally
    No.000136 dated 31.07.2017 for Rs.25 lacs drawn on
    signed by

    Kotak Mahindra Bank.

              ASHISH
    ASHISH    RASTOGI
    RASTOGI   Date:
              2026.07.04
              17:04:45
              +0530
    
    

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 2 of 29

    3. Appeal bearing CA No.473/2025 is filed U/s 372 Cr.P.C
    (new section 413 of BNSS) by the complainant/respondent
    against the same Judgment dated 17.09.2025 vide which
    respondent Krishan Gupta @ Kanhiya was acquitted for
    dishonour of cheque bearing No.000018 dated 05.08.2017
    amounting to Rs.25 lacs.

    4. As the instant appeals are connected, challenge the same
    impugned order and the arguments of both the parties have
    been advanced in a consolidated way in relation to both the
    appeals, it shall be prudent that both the appeals are
    disposed off vide a common order. For the sake of
    convenience and clarity of understanding, the parties shall
    be referred to as Complainant (Madhu Gupta) and Convict
    (Krishna Gupta @ Kanhiya).

    Factual Matrix

    5. The case in brief of the Respondent/Complainant is that
    accused/appellant was having cordial/good family relations
    with the respondent/complainant. The accused/appellant
    asked the complainant for financial help to promote/grow
    their business of selling/purchasing building materials etc.

    6. Accused R.K. Gupta Building Material is stated to be a
    proprietorship concern while accused Krishna Gupta @
    Kanhiya Gupta is stated to be proprietor/authorized
    signatory of accused R.K. Gupta Building Material.
    Considering the request of accused/appellant, the
    respondent/complainant advanced a sum of Rs.25 lacs to
    the accused on 29.09.2014 through cheque no.52 drawn on
    Digitally
    signed by
    ASHISH Kotak Mahindra Bank. The said amount was advanced as
    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04
    17:04:49
    +0530

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 3 of 29
    financial assistance for accused’s building material
    business, with a verbal assurance from accused to repay the
    principal amount alongwith profit (effectively doubling the
    amount to Rs.50 lacs) on or before 05.08.2017.

    7. In discharge of aforesaid purported liability,
    accused/appellant is stated to have issued two cheques
    bearing No.000136 and 000018 in favour of the
    complainant.

    8. The said cheques were presented for encashment at the
    complainant’s bank on respective dates but the said cheques
    were returned dishonoured with the remarks “funds
    insufficient’ and ‘Payment stopped by drawer ‘ vide
    returning memos dated 08.08.2017 and 30.08.2017
    respectively. After receiving the said cheque returning
    memos, the complainant sent a legal demand notice dated
    04.09.2017 to the appellant/accused advising him to pay the
    amount of the cheque within 15 days of the receipt of the
    notice i.e. the period prescribed under NI Act. As the
    accused did not pay the amount within the said period from
    the date of service of the notice, the present Criminal
    Complaint case No.3316/2017 was filed.

    9. After the pre-summoning evidence of the complainant, the
    notice U/s 251 Cr.P.C was framed against the
    appellant/accused on 13.12.2021 wherein he pleaded not
    guilty and claimed trial and submitted as under:

    Q2. Whether you have drawn the above said
    cheques in favour of the complainant”

    Digitally
    signed by
    A. I only signed cheque No.000136 and it pertains to
    ASHISH
    ASHISH RASTOGI my bank account. Other particulars were not filled
    RASTOGI Date:

    2026.07.04
    17:04:55
    by me. Cheque bearing No.000018 is neither
    +0530

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    signed by me nor filled by me but it pertains to my
    bank account.

    Q3. Did you receive the legal notice?

    A. I do not remember.

    Q4. Whether your aforesaid cheque was given to
    discharge the legal liability?

    A. Cheque bearing No.000136 was given as security
    to complainant as I had borrowed Rs.25,00,000/-
    from complainant. Cheque bearing No.000018
    was not given by me to the complainant.
    Q5. Did you plead guilty or have any defence?
    I do not plead guilty and claim trial. I have already
    paid Rs.25,00,000/- that was given to me by
    complainant. I demanded my cheque bearing
    No.000136 multiple times from complainant,
    however, she did not return to me and misused my
    cheque.

    Cheque bearing No.000018 was not given by me to
    the complainant and it pertains to a cheque book
    which was stolen from me. I had also lodged the
    complaint regarding the same. I do not have any
    liability towards complainant.

    10.Thereafter, the matter proceeded for complainant’s
    evidence. After completion of complainant’s evidence,
    statement of accused/appellant was recorded U/s 313
    Cr.P.C on 24.05.2023 in which he has admitted receipt of
    legal notice. He stated that only one cheque no.000136
    Ex.CW1/3 was given as a security cheque and he has
    already returned Rs.26 lacs in cash to the complainant by
    2016-2017 and he has no liability towards to the
    complainant. Accused opted to lead defence evidence and
    accordingly, matter was listed for defence evidence.

    11.In defence evidence, accused examined Ms. Shikha Yadav
    (bank employee) as DW1 and himself as DW2. DW1
    Digitally
    signed by

    ASHISH
    ASHISH
    RASTOGI proved bank account opening form of accused in Bank of
    RASTOGI Date:

    2026.07.04
    17:05:00
    +0530

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    Baroda as Ex.DW1/A and cheque stopped letter as
    Ex.DW1/B.

    12.Vide separate judgement dated 17.09.2025,
    appellant/accused was convicted for cheque no.000136 and
    acquitted for cheque no.000018 which resulted into filing
    of the instant appeals.

    13.I have heard the arguments advanced by Ld. Counsels for
    both the parties in CA No.473/2025.

    14.It was jointly submitted by the Ld. Counsels for appellant
    as well as respondent in CA No.14/2026 that they do not
    intent to advance oral arguments as the arguments advanced
    in CA No.473/2025 covered the arguments in CA
    No.14/2026. Ld. Counsel for appellant has also filed
    written note of arguments in CA No.14/2026 on behalf of
    appellant and relied upon the case law reported as (i)
    Rangappa vs Sri Mohan, Crl. Appeal No.1020/2010 (ii)
    Basalingappa vs Mudibasappa, Crl. SLP No.8641/2018 (iii)
    Krishna Janardhan Bhat vs Dattatraya G. Hegde, Crl.
    Appeal No.518/2006, in support of arguments.

    Arguments of the Parties:

    15.The Complainant with respect to CA No.473/2025 i.e.
    appeal against acquittal, has argued that the Ld. Trial Court
    failed to appreciate the fact that two cheques were given by
    the Convict Krishna Gupta@ Kanhiya. Both the cheques
    belonged to him only and were handed over to the
    complainant. The Ld. Trial Court further failed to
    acknowledge the fact that double the amount was promised
    to the Complainant against the admitted payment of Rs
    Digitally
    signed by
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04
    17:05:04

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026
    +0530

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    25,00,000 which was transferred to the bank account of the
    convict. The ingredients of Section 138 of the NI Act stood
    satisfied in case of the convict and hence burden of the
    proof shifted to him to prove that there was no legally
    enforceable debt and the convict has failed to discharge the
    said burden. The Convict on the other hand has submitted
    that there exists no written agreement etc. that double the
    amount is to be paid. He further submitted that it has been
    his consistent stand which has been further proved by
    defence evidence that the cheque no. 000018 was not
    signed or issued by him. The said cheque along with
    numerous other leaves were stolen and the complaint in
    relation to the same was lodged by him and stop payment
    instructions were issued in relation to the said cheques. He
    further submitted that Ld. Trial Court has rightly come to
    the conclusion that there is no evidence, after comparison
    of signatures, that the cheque in question i.e. 000018 was
    signed by him and there are admittedly differences in both
    the signatures. Hence, the Ld. Trial Court has rightly come
    to the conclusion that the ingredients of Section 138 NI Act
    are not satisfied in relation to cheque no. 000018.

    16.With respect to CA No.14/2026 titled Krishna Gupta @
    Kanhiya v. Madhu Gupta filed in relation to cheque no.
    000136, it has been argued by the Convict that the Ld. Trial
    Court failed to consider the fact that it has been a stand of
    the convict that more than Rs 25,00,000 i.e. the amount
    taken from the Complainant has been repaid in cash. There
    ASHISH were repeated telephonic demands to return the security
    RASTOGI
    Digitally signed by
    ASHISH RASTOGI
    cheques in question. The varying stand that on one
    Date: 2026.07.04
    17:05:08 +0530

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 7 of 29
    occasion it was said that Rs 26,00,000 have been paid while
    on other occasion it was said that Rs 32,00,000 have been
    paid has to be regarded as minor discrepancy. The written
    receipt of the amount given was not taken because of
    family relation based on trust and confidence. The
    Complainant on the other hand argues that there is no shred
    of evidence to prove that the amount of Rs 25,00,000 has in
    fact been returned to the Complainant. There is no
    agreement, no receipt and no proof of payment of the said
    amount. Coupled with the fact that there exists the bank
    entry clearly depicting the payment of Rs 25,00,000 and the
    admission of the Convict himself regarding the signature
    and issuance of cheque, the case of the Complainant with
    respect to cheque no. 000136 is proved beyond doubt and
    the conclusions arrived by the Ld. Trial Court regarding
    cheque no. 000136 cannot be faulted.

    Appeal against Conviction: –

    17.Before moving on the findings, it is pertinent to discuss in
    brief as to the nature of Jurisdiction which is to be
    exercised by the High Court in Appeals under Section
    374(2) CRPC. The Hon’ble Apex Court in ” Jogi v. State of
    Madhya Pradesh
    ; Criminal Appeal No 1350 of 2021″ has
    observed: –

    “The High Court was dealing with a substantive
    appeal under the provisions of Section 374 of the
    Code of Criminal Procedure 1973 1. In the exercise
    of its appellate jurisdiction, the High Court was
    required to evaluate the evidence on the record
    independently and to arrive at its own findings as
    regards the culpability or otherwise of the accused on
    the basis of the evidentiary material.”

    Digitally signed
    by ASHISH

    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04
    17:05:17 +0530

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 8 of 29

    18.Therefore, the task of this Court in the course of deciding
    the said appeal is to independently assess and appreciate the
    evidence on record and arrive at its own finding along with
    the reasons to agree/disagree with the findings of the Ld.
    Trial Court.

    Appeal against Acquittal: –

    19.Before moving on the findings, it is pertinent to discuss in
    brief as to the law related to appeals against acquittal. The
    Hon’ble Supreme Court in “Jafarudheen v. State of
    Kerala
    “, (2022) 8 SCC 440, made a detailed analysis of the
    precedents, with respect to the scope of an appeal against
    acquittal and recorded as under:

    It is also well settled that the court of appeal has as wide
    powers of appreciation of evidence in an appeal against
    an order of acquittal as in the case of an appeal against an
    order of conviction, subject to the riders that the
    presumption of innocence with which the accused person
    starts in the trial court continues even up to the
    appellate stage and that the appellate court should attach
    due weight to the opinion of the trial court which
    recorded the order of acquittal.

    If the appellate court reviews the evidence, keeping those
    principles in mind, and comes to a contrary conclusion,
    the judgment cannot be said to have been vitiated. (See
    in this connection the very cases cited at the Bar, namely,
    Surajpal Singh v. State; Wilayat Khan v. State of U.P.) In
    our opinion, there is no substance in the contention raised
    on behalf of the appellant that the High Court was not
    justified in reviewing the entire evidence and coming to
    its own conclusions.’
    31.4. In K. Gopal Reddy, this Court has observed that
    where the trial court allows itself to be beset with fanciful
    doubts, rejects creditworthy evidence for slender reasons
    and takes a view of the evidence which is but barely
    possible, it is the obvious duty of the High Court to
    interfere in the interest of justice, lest the administration
    Digitally
    signed by
    ASHISH
    of justice be brought to ridicule.”

    ASHISH RASTOGI
    RASTOGI Date: (emphasis in original)
    2026.07.04
    17:05:20
    +0530

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 9 of 29

    27. N. Vijayakumar v. State of T.N.as hereunder : (SCC
    pp. 695-99, paras 20-21 & 23-24):

    “20. Mainly it is contended by Shri Nagamuthu, learned
    Senior Counsel appearing for the appellant that the view
    taken by the trial court is a “possible view”, having
    regard to the evidence on record. It is submitted that the
    trial court has recorded cogent and valid reasons in
    support of its findings for acquittal. Under Section 378
    CrPC, no differentiation is made between an appeal
    against acquittal and the appeal against conviction. By
    considering the long line of earlier cases this Court in the
    judgment in Chandrappa v. State of Karnataka has laid
    down the general principles regarding the powers of the
    appellate court while dealing with an appeal against an
    order of acquittal. Para 42 of the judgment which is
    relevant reads as under : (SCC p. 432)
    ’42. From the above decisions, in our considered view,
    the following general principles regarding powers of the
    appellate court while dealing with an appeal against an
    order of acquittal emerge:

    (1) An appellate court has full power to review,
    reappreciate and reconsider the evidence upon which the
    order of acquittal is founded.

    (2) The Code of Criminal Procedure, 1973 puts no
    limitation, restriction or condition on exercise of such
    power and an appellate court on the evidence before it
    may reach its own conclusion, both on questions of fact
    and of law.

    (3) Various expressions, such as, “substantial and
    compelling reasons”, “good and sufficient grounds”,
    “very strong circumstances”, “distorted conclusions”,
    “glaring mistakes”, etc. are not intended to curtail
    extensive powers of an appellate court in an appeal
    against acquittal. Such phraseologies are more in the
    nature of “flourishes of language” to emphasise the
    reluctance of an appellate court to interfere with acquittal
    than to curtail the power of the court to review the
    evidence and to come to its own conclusion.
    (4) An appellate court, however, must bear in mind that
    in case of acquittal, there is double presumption in favour
    of the accused. Firstly, the presumption of innocence is
    available to him under the fundamental principle of
    criminal jurisprudence that every person shall be
    presumed to be innocent unless he is proved guilty by a
    Digitally
    signed by
    competent court of law. Secondly, the accused having
    ASHISH
    ASHISH
    RASTOGI secured his acquittal, the presumption of his innocence is
    RASTOGI Date:

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    17:05:24
    +0530

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    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 10 of 29
    further reinforced, reaffirmed and strengthened by the
    trial court.

    (5) If two reasonable conclusions are possible on the
    basis of the evidence on record, the appellate court
    should not disturb the finding of acquittal recorded by the
    trial court.’

    21. Further in the judgment in relied on by the learned
    Senior Counsel for the appellant, this Court has
    considered the powers of the High Court in an appeal
    against acquittal recorded by the trial court. In the said
    judgment, it is categorically held by this Court that only
    in cases where conclusion recorded by the trial court is
    not a possible view, then only the High Court can
    interfere and reverse the acquittal to that of conviction. In
    the said judgment, distinction from that of “possible
    view” to “erroneous view” or “wrong view” is explained.

    In clear terms, this Court has held that if the view taken
    by the trial court is a “possible view”, the High Court
    ought not to reverse the acquittal to that of the conviction.
    ***

    23. Further, in Hakeem Khan v. State of M.P. this Court
    has considered the powers of the appellate court for
    interference in cases where acquittal is recorded by the
    trial court. In the said judgment it is held that if the
    “possible view” of the trial court is not agreeable for the
    High Court, even then such “possible view” recorded by
    the trial court cannot be interdicted. It is further held that
    so long as the view of the trial court can be reasonably
    formed, regardless of whether the High Court agrees with
    the same or not, verdict of the trial court cannot be
    interdicted and the High Court cannot supplant over the
    view of the trial court.”

    20.Before moving further, it shall be pertinent to mention the
    relevant provisions of NI Act as the same shall be pressed
    into service for deciding the subject matter of this dispute.

    Purpose and relevant provisions of NI Act:

    21.The purpose of NI Act is to safeguard the sanctity of
    Negotiable Instruments and to make sure that they do not
    become a paper tiger and also to curb their widespread
    Digitally

    ASHISH
    signed by
    ASHISH
    RASTOGI
    misuse. With the gradual increase in the financial
    RASTOGI Date:

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    17:05:28
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    transactions between the parties, the need was felt to enact
    a legal framework wherein transactions could freely be
    concluded between the parties and payments could be done
    with the help of Negotiable Instruments. For the same, it
    was very necessary that there should be a confidence in
    public at large that a legal framework exists which can get
    the Negotiable Instruments enforced. With this salutary
    purpose in mind, the provisions of the NI Act mainly
    Section 138 and 139 NI Act were enacted. The same hold
    as under: –

    138. Dishonour of cheque for insufficiency, etc., of
    funds in the account.–Where any cheque drawn by a
    person on an account maintained by him with a banker
    for payment of any amount of money to another person
    from out of that account for the discharge, in whole or in
    part, of any debt or other liability, is returned by the
    bank unpaid, either because of the amount of money
    standing to the credit of that account is insufficient to
    honour the cheque or that it exceeds the amount
    arranged to be paid from that account by an agreement
    made with that bank, such person shall be deemed to
    have committed an offence and shall, without prejudice
    to any other provision of this Act, be punished with
    imprisonment for [a term which may be extended to two
    years’], or with fine which may extend to twice the
    amount of the cheque, or with both:

    Provided that nothing contained in this section
    shall apply unless–(a) the cheque has been
    presented to the bank within a period of six
    months from the date on which it is drawn or
    within the period of its validity, whichever is
    earlier;

    (b) the payee or the holder in due course of the
    cheque, as the case may be, makes a demand for
    the payment of the said amount of money by
    giving a notice; in writing, to the drawer of the
    Digitally cheque,[within thirty days] of the receipt of
    signed by
    ASHISH information by him from the bank regarding the
    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04
    return of the cheque as unpaid; and
    17:05:35
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    (c) the drawer of such cheque fails to make the
    payment of the said amount of money to the
    payee or, as the case may be, to the holder in due
    course of the cheque, within fifteen days of the
    receipt of the said notice.

    139. Presumption in favour of holder. — It shall be
    presumed, unless the contrary is proved, that the holder
    of a cheque received the cheque of the nature referred to
    in section138 for the discharge, in whole or in part, of
    any debt or other liability.

    22.In addition, Section 118 of NI Act engrafts an additional
    presumption in favor of the holder of the Negotiable
    Instrument and that is that it shall be presumed that every
    Negotiable Instrument was drawn for consideration.
    Section 118(a) of NI Act holds as under: –

    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 for consideration;

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

    (c) as to time of acceptance: –that every accepted bill of
    exchange was accepted within a reasonable time after its date
    and before its maturity;

    (d) as to time of transfer: –that every transfer of a
    negotiable instrument was made before its maturity;

    (e) as to order of endorsements: –that the endorsements
    appearing upon a negotiable instrument were made in the
    order in which they appear then on;

    ASHISH (f) as to stamp: — that a lost promissory note, bill of
    RASTOGI exchange or cheque was duly stamped;

    Digitally signed by

    ASHISH RASTOGI (g) that holder is a holder in due course: –that the holder
    Date: 2026.07.04
    17:05:39 +0530 of a negotiable instrument is a holder in due course:

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    PROVIDED that, where the instrument has been obtained
    from its lawful owner, or from any person in lawful custody
    thereof, by means of an offence or fraud, or has been
    obtained from the maker or acceptor thereof by means of an
    offence or fraud, or for unlawful consideration, the burden of
    proving that the holder is a holder in due course lies upon
    him.

    23.Effect of the presumption under Section 139 NI Act:- The
    combined effect of both these Sections when read in
    consonance with each other is that once the basic ingredients
    of Section 138 NI Act are satisfied, the presumption under
    Section 139 automatically kicks in. The said essential
    ingredients are as follows:-

    1. Issuance of a Cheque: The first requirement is the
    issuance of a cheque by the drawer, which could be in
    favor of the payee.

    2. Presentation of the Cheque: The payee must
    present the cheque to the bank within a period of three
    months from the date of issue. It is essential to adhere
    to this timeline, as a delayed presentation might
    weaken the case.

    3. Dishonoured Cheque: If the bank dishonours the
    cheque due to insufficient funds or other specified
    reasons, it is considered a dishonoured cheque.

    4. Notice to the Drawer: The payee must serve a legal
    notice to the drawer within 30 days of receiving the
    information about the dishonoured cheque from the
    bank. The notice should demand the payment of the
    cheque amount within 15 days from the receipt of the
    notice.

    5. Failure to Make Payment: If the drawer fails to
    make the payment within the stipulated 15-day
    period, the payee can proceed with filing a complaint.

    24.Once the said presumption kicks in, it is presumed that the
    cheque was issued for or in discharge of some legally
    enforceable liability. In “Bir Singh v. Mukesh Kumar ;
    ASHISH
    RASTOGI (2019) 4 SCC 197″, this Court held that presumption under
    Digitally signed by
    ASHISH RASTOGI Section 139 of the Act is a presumption of law. The Court

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    held as under:-

    “20. Section 139 introduces an exception to the general
    rule as to the burden of proof and shifts the onus on the
    accused. The presumption under Section 139 of the
    Negotiable Instruments Act is a presumption of law, as
    distinguished from presumption of facts. Presumptions are
    rules of evidence and do not conflict with the presumption
    of innocence, which requires the prosecution to prove the
    case against the accused beyond reasonable doubt. The
    obligation on the prosecution may be discharged with the
    help of presumptions of law and presumptions of fact
    unless the accused adduces evidence showing the
    reasonable possibility of the non-existence of the
    presumed fact as held in Hiten P. Dalal [Hiten P. Dalal v.
    Bratindranath Banerjee
    , (2001) 6 SCC 16 : 2001 SCC
    (Cri) 960] .

    25.The words used in the said Section are “shall be
    presumed”. The same, hence, is a mandatory presumption
    of law. Regarding the purport of the said expression, it has
    been observed by the Hon’ble Supreme Court in Neeraj
    Dutt Vs. State, SLP(Crl.) No. 6497/2020 as under: –

    “………Courts are authorized to draw a particular
    inference from a particular fact, unless and until the
    truth of such inference is disproved by other facts.
    The court can, under Section 4 of the Evidence Act,
    raise a presumption for purposes of proof of a fact. It
    is well settled that a presumption is not in itself
    evidence but only makes a prima facie case for a party
    for whose benefit it exists. As per English Law, there
    are three categories of presumptions, namely, (i)
    presumptions of fact or natural presumption; (ii)
    presumption of law (rebuttable and irrebuttable); and

    (iii) mixed presumptions i.e., “presumptions of mixed
    law and fact” or “presumptions of fact recognized by
    law”. The expression “may presume” and “shall
    presume” in Section 4 of the Evidence Act are also
    categories of presumptions. Factual presumptions or
    discretionary presumptions come under the division
    of “may presume” while legal presumptions or
    compulsory presumptions come under the division of
    Digitally
    signed by
    “shall presume”.

    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

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    “May presume” leaves it to the discretion of the court
    17:05:47
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    circumstances of the case but “shall presume” leaves
    no option with the court, and it is bound to presume
    the fact as proved until evidence is given to disprove
    it, for instance, the genuineness of a document
    purporting to be the Gazette of India. The expression
    “shall presume” is found in Sections 79, 80, 81, 83,
    85, 89 and 105 of the Evidence Act.”

    26.At the time of framing of notice as well as recording of his
    statement U/s 313 Cr.P.C, accused admitted taking of loan
    of Rs.25 lacs from the complainant as well as issuance of
    cheque no.000136. Although he denied the issuance of
    cheque no.000018 which admittedly belongs to him. The
    accused at the time of framing of notice U/s 251 Cr.P.C.
    stated that he did not remember about the receipt of legal
    notice. However, in his statement U/s 313 Cr.P.C
    appellant/accused admitted receipt of legal demand notice
    from the complainant. In light of the above, service of legal
    demand notice upon the appellant/accused stands proved.

    27.It is admitted fact that he did not make any payment within
    15 days of the service of summons. The Hon’ble Supreme
    Court in “C.C. Alavi Haji v. Palapetty Muhammad, 2007(6)
    SCC 555″, held that the true intent behind the service of
    legal demand notice is to be seen as a precursor to launch
    of prosecution against the accused and that is providing
    ample opportunity to the accused to repay the cheque
    amount and avoid the legal proceedings against him. The
    Service of summons upon the accused fulfills the said
    purpose and provides ample opportunity to the accused to
    pay the amount in dispute. Any accused who fails to pay
    the said amount within 15 days of service of summons
    Digitally
    signed by
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04 cannot hide behind this technical plea of non-service of
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    legal demand notice, to evade his liability.

    28.Hence, all the ingredients i.e. issuance of cheque, dishonor
    of cheque, notice to drawer and failure to make payment
    stand satisfied and therefore the presumption 139 and 118
    of NI Act automatically becomes operative in this case i.e.
    that the cheques were issued in discharge of a legally
    enforceable debt especially in relation to the cheque
    no.000136.

    29.Therefore, the combined implication of both Section 138
    and 139 NI Act is that once the essential ingredients of
    Section 138 are satisfied and the presumption under Section
    139
    is pressed into service then the case against of the
    Complainant against the Respondent stands proved that the
    negotiable instrument was issued in discharge of a legally
    enforceable debt and now it is upto him to rebut the
    presumption drawn against him by leading evidence to the
    Contrary. The burden which the Accused has to discharge
    in rebutting the said presumption is “preponderance of
    probabilities” while the Complainant has to prove his case
    beyond reasonable doubt. Therefore, what has been
    envisaged is that the Accused should raise a probable
    defence which is an expression i.e. different from possible
    defence. In “Kumar Exports v. Sharma Carpets; (2009) 2
    SCC 513″, it was held that mere denial of existence of debt
    will not serve any purpose but accused may adduce
    evidence to rebut the presumption. This Court held as
    under:-

    Digitally
    signed by
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

    “20. The accused in a trial under Section 138 of the
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    consideration and debt did not exist or that under the
    particular circumstances of the case the non-existence
    of consideration and debt is so probable that a prudent
    man ought to suppose that no consideration and debt
    existed. To rebut the statutory presumptions an accused
    is not expected to prove his defence beyond reasonable
    doubt as is expected of the complainant in a criminal
    trial. The accused may adduce direct evidence to prove
    that the note in question was not supported by
    consideration and that there was no debt or liability to
    be discharged by him. However, the court need not
    insist in every case that the accused should disprove
    the non-existence of consideration and debt by leading
    direct evidence because the existence of negative
    evidence is neither possible nor contemplated. At the
    same time, it is clear that bare denial of the passing of
    the consideration and existence of debt, apparently
    would not serve the purpose of the accused. Something
    which is probable has to be brought on record for
    getting the burden of proof shifted to the complainant.

    To disprove the presumptions, the accused should
    bring on record such facts and circumstances, upon
    consideration of which, the court may either believe
    that the consideration and debt did not exist or their
    non-existence was so probable that a prudent man
    would under the circumstances of the case, act upon
    the plea that they did not exist. Apart from adducing
    direct evidence to prove that the note in question was
    not supported by consideration or that he had not
    incurred any debt or liability, the accused may also
    rely upon circumstantial evidence and if the
    circumstances so relied upon are compelling, the
    burden may likewise shift again on to the complainant.
    The accused may also rely upon presumptions of fact,
    for instance, those mentioned in Section 114 of the
    Evidence Act to rebut the presumptions arising under
    Sections 118 and 139 of the Act.”

    30.Therefore, in order to travel from the point of possible
    defence to probable defence, the Accused has to have some
    credible material on record so as to raise a doubt on the
    version of the Complainant.

    ANALYSIS:

    Digitally
    signed by
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

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    31.With the above factual and legal background in mind, the
    task cut out for this court is to undertake and independent
    analysis of evidence on record to determine that whether
    the accused has successfully rebutted the said presumption
    by demonstrating the inconsistency/untrustworthiness in
    the testimony of the Prosecution witnesses or by
    successfully proving his own defence by his defence
    evidence.

    32.The version as put for by the Complainant as per her
    complaint is that Accused No. 2 and 3 were in need of
    money for their family business and they asked the
    complainant for financial held for growing their family
    business for purchasing building material and promised to
    pay profit on the said amount as well. In pursuance of the
    same, the Complainant advanced Rs 25,00,000 on
    29.09.2014 vide cheque no. 52 dated 29.09.2014 which the
    accused promised to repay with profit on or before
    05.08.2017. In discharge of their legal liability, the Accused
    No. 3(Convict) issued two postdated cheques of Rs
    25,00,000 each i.e. cheque no. 000136 and 000018 drawn
    on kotak mahindra Bank and Bank of Baroda respectively.
    The said cheque got dishonoured when presented for
    payment with remarks “funds insufficient” and “payment
    stopped by drawer” vide return memo dated 08.08.2017
    and 30.08.2017 and were received by the Complainant
    dated 14.08.2017 and 01.09.2017 respectively. Later on,
    vide order dated 03.01.2018 of the Ld. MM, Accused No. 2
    Digitally was not summoned and the matter proceeded against the
    signed by
    ASHISH
    ASHISH RASTOGI convict i.e. Krishna Gupta @Kanhiya.
    RASTOGI Date:

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    33.The notice against the convict was framed on 13.12.2021
    vide which the convict accepted that he signed the cheque
    bearing no. 000136 and said that it pertains to his bank
    account. He also admitted that he had borrowed Rs
    25,00,000 from the complainant and the cheque bearing no.

    000136 was given as a security cheque. He further in his
    plea of defence said that he has already repaid the said
    amount of Rs 25,00,000 and that no liability subsists in
    relation to the same and that he demanded his security
    cheque bearing no. 000136 from the complainant several
    times but the complainant did not give it back. Regarding
    the cheque bearing no. 000018, the convict categorically
    mentioned that the said cheque was not given to the
    complainant and was neither signed or filled up by him. He
    further said that the cheque book to which the said cheque
    belonged got stolen and a complaint regarding the same
    was lodged.

    34.The Complainant got examined as CW-1 and in her cross
    examination she mentioned that she advanced a loan of Rs
    25,00,000 to the convict on an assurance that the convict
    shall return double the loan amount in 3 years but admitted
    that there exists no written agreement regarding the said
    terms and conditions.

    35.As far as the cheque no. 000136 is concerned, as mentioned
    above the convict has already accepted the fact that he
    borrowed Rs 25,00,000 from the complainant as loan and
    gave cheque bearing no. 000136 as a security cheque. The
    Digitally
    signed by
    stand of the Convict that the said cheque was a security
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date: cheque and that the particulars were not filled by him is of
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    no help to the convict as the law in this regard has been
    settled by the Hon’ble Supreme Court in catena of cases. In
    Ravi Chopra Vs. State and Anr. (2008) 102 DRJ 147 , the
    Hon’ble High Court of Delhi held:

    Section 20 NI Act talks of ‘inchoate stamped
    instruments’ and states that if a person signs and
    delivers a paper stamped in accordance with the law
    and ‘either wholly blank or have written thereon an
    incomplete negotiable instrument’ such person
    thereby gives prima facie authority to the holder
    thereof ‘to make or complete as the case may be upon
    it, a negotiable instrument for any amount specified
    therein and not exceeding the amount covered by the
    stamp.’ “A collective reading of the above provisions
    shows that even under the scheme of the NI Act it is
    possible for the drawer of a cheque to give a blank
    cheque signed by him to the payee and consent either
    impliedly or expressly to the said cheque being filled
    up at a subsequent point in time and presented for
    payment by the drawee. There is no provision in the
    NI Act which defines the difference in the
    handwriting or the ink pertaining to the material
    particulars filled up in comparison with the signature
    thereon as constituting a ‘material alteration’ for the
    purposes of Section 87 NI Act. What is essential is
    that the cheque must have been signed by the
    drawer.”

    36.Further, apart from the presumption of a legally enforceable
    debt drawn against the Accused by virtue of Section 139 NI
    act, the liability to an extent of Rs 25,00,000 is further
    crystallised by the own admission of the convict when he
    entered his plea of defence at the time of framing of notice
    u/s 251 Cr.P.C. The Complainant has further proved the
    liability by exhibiting her bank statement as Ex-CW-1/1
    wherein a clear debit entry dated 29.09.2014 is shown
    towards R K Gupta Building material. Hence, there exists
    Digitally
    signed by
    no doubt that as far as legally enforceable debt of Rs
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date: 25,00,000 is concerned, all the ingredients of Section 138
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    NI Act stand to be fulfilled since the signatures on the
    cheque in question i.e. 000136 have also been admitted by
    the convict.

    37.That being the case, the only option left to the convict to
    rebut the said presumption drawn against him was to prove
    that the said loan as admitted by him has been repaid and as
    on date no legally enforceable debt exists. The Convict said
    the same in his plea of defence. He also entered the witness
    box during his defence evidence and got himself examined
    as DW-2 wherein he mentioned that he returned more than
    Rs 25,00,000 i.e. in total Rs 32,00,000 in cash in several
    tranches. In this connection, it is observed that the same is
    only a bald defence without any substance whatsoever as he
    clearly admits in his cross that there is no receipt of
    payment of the said amount. There is not even a single
    communication or an acknowledgment that any amount has
    been repaid towards the said liability. There is also no
    communication to an effect to demand the return the said
    security cheque as the amount for which it was furnished
    has been repaid. In light of the above, it has been rightly
    held by the Ld. Trial Court that the Convict has miserably
    failed to rebut the presumption that has been drawn against
    him under Section 139 NI Act qua the dishonour of the
    cheque no. 000136 and no occasion arises to interfere with
    the findings of Ld. Trial Court in this regard.

    38.Coming to the alternate plea of the Convict of
    reduction/modification of sentence and compensation, it

    Digitally
    has been noted by the Ld. Trial Court that the case is
    signed by
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04
    17:06:21
    pending for 8 years and the Accused has no real defense in
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    the matter. His only defense is that he has repaid the
    amount taken from the Complainant in cash for which he
    has no receipt or proof. This court agrees with the
    conclusion of the Ld. Trial Court that the defence of the
    Accused is nothing but a totally unsubstantiated bald
    assertion without any shred of evidence.

    39.Having said this, the principle of Compensation in NI Act
    cases has been settled by the Hon’ble Supreme Court in R.
    Vijayan v Baby & Ors.
    (2012) 1 SCC 260 wherein the
    Hon’ble Supreme Court held as under:

    “18. Having reached that stage, if some Magistrates
    go by the traditional view that the criminal
    proceedings are for imposing punishment on the
    accused, either imprisonment or fine or both, and
    there is no need to compensate the complainant,
    particularly if the complainant is not a “victim” in the
    real sense, but is a well-to-do financier or financing
    institution, difficulties and complications arise. In
    those cases where the discretion to direct payment of
    compensation is not exercised, it causes considerable
    difficulty to the complainant, as invariably, by the
    time the criminal case is decided, the limitation for
    filing civil cases would have expired. As the
    provisions of Chapter XVII of the Act strongly lean
    towards grant of reimbursement of the loss by way of
    compensation, the courts should, unless there are
    special circumstances, in all cases of conviction,
    uniformly exercise the power to levy fine up to twice
    the cheque amount (keeping in view the cheque
    amount and the simple interest thereon at 9% per
    annum as the reasonable quantum of loss) and direct
    payment of such amount as compensation. Direction
    to pay compensation by way of restitution in regard to
    the loss on account of dishonour of the cheque should
    be practical and realistic, which would mean not only
    the payment of the cheque amount but interest
    thereon at a reasonable rate. Uniformity and
    consistency in deciding similar cases by different
    Digitally
    signed by
    ASHISH
    courts, not only increase the credibility of cheque as a
    ASHISH RASTOGI
    RASTOGI Date: negotiable instrument, but also the credibility of
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    courts of justice.”

    40.Applying the said principle as laid down by the Hon’ble
    Supreme Court in this case, as per the calculation the
    amount of quantum of loss comes to Rs 18,00,000(9%
    simple interest on Rs 25,00,000 for 8 years). Adding the
    same to the cheque amount, the total amount of
    compensation comes to Rs 43,00,000. Therefore, it is the
    considered opinion of this Court that the amount of
    compensation be reduced to Rs 43,00,000.

    41.Now, coming to the second leg of discussion that is with
    respect to the second cheque i.e. 000018. The Convict in
    this respect has maintained a consistent stand that the
    neither he has signed on the cheque nor has he filled up the
    details of the cheque in question. The said stand has
    remained consistent in his plea of defence in the notice u/s
    251
    Cr.P.C, his defence evidence and his statement under
    Section 313 Cr.P.C. In this context, while considering the
    plea of the convict in relation to cheque no. 000018 various
    factors are to be kept in mind. Firstly, the convict as
    mentioned above has consistently denied his signature on
    the cheque in question. Secondly, the complainant also
    admitted the difference in handwriting of the content of the
    cheque and the name. She further admitted that both the
    cheques bear different names. While in 000136, the
    signatures are by the name of “Krishna Gupta”, in 000018
    they are in the name of “kanhiya”. The explanation given
    by her on that count does not appear to be plausible. She
    said that the convict told her that since the accounts are
    Digitally
    signed by
    ASHISH
    ASHISH RASTOGI
    RASTOGI Date: different that is why the signatures are different. It is highly
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    unlikely that any reasonable prudent man will accept two
    cheques of different name from the same person in the
    course of the same transaction without any enquiry on that
    count. Thirdly, the Ld. Trial Court also undertook an
    exercise of visual comparison of both the signatures which
    it is empowered to do under Section 73 of the Indian
    Evidence Act, 1872 and came to the conclusion that both
    the signatures are different in terms of slant, style, letter
    formation and do not bear any similarity. Fourthly, the
    Complainant in her cross examination categorically
    mentioned that the entire transaction took place in the
    presence of one Sh. Om Prakash Gupta (Maternal father-in-
    law/Fufaji) but he has not been examined as the
    Complainant witness withholding material evidence. In this
    regard, the Ld. Trial Court has rightly relied on Section
    114
    , illustration (g) of the Indian Evidence Act to draw
    adverse inference against the complainant which holds as
    under:

    114. Court may presume existence of certain facts.

    — The Court may presume the existence of any fact
    which it thinks likely to have happened, regard being
    had to the common course of natural events, human
    conduct and public and private business, in their
    relation to the facts of the particular case.
    The Court may presume —

    (a) that a man who is in possession of stolen goods
    soon, after the theft is either the thief or has received
    the goods knowing them to be stolen, unless he can
    account for his possession;

    (b) that an accomplice is unworthy of credit, unless
    he is corroborated in material particulars;
    Digitally
    signed by
    ASHISH

    (c) that a bill of exchange, accepted or endorsed, was
    ASHISH
    RASTOGI
    RASTOGI
    Date:

    accepted or endorsed for good consideration;
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    (d) that a thing or state of things which has been
    shown to be in existence within a period shorter than
    that within which such things or states of things
    usually cease to exist, is still in existence;

    (e) that judicial and official acts have been regularly
    performed;

    (f) that the common course of business has been
    followed in particular cases;

    (g) that evidence which could be and is not produced
    would, if produced, be unfavourable to the person
    who withholds it;

    (h) that if a man refuses to answer a question which
    he is not compelled to answer by law, the answer, if
    given, would be unfavourable to him;

    (i) that when a document creating an obligation is in
    the hands of the obligor, the obligation has been
    discharged.

    But the Court shall also have regard to such facts as
    the following, in considering whether such maxims
    do or do not apply to the particular case before it: —
    as to illustration (a) — a shop-keeper has in his bill a
    marked rupee soon after it was stolen, and cannot
    account for its possession specifically, but is
    continually receiving rupees in the course of his
    business;

    as to illustration (b) –A, a person of the highest
    character, is tried for causing a man’s death by an act
    of negligence in arranging certain machinery. B, a
    person of equally good character, who also took part
    in the arrangement, describes precisely what was
    done, and admits and explains the common
    carelessness of A and himself;

    as to illustration (b) — a crime is committed by
    several persons. A, B and C, three of the criminals,
    are captured on the spot and kept apart from each
    other. Each gives an account of the crime implicating
    D, and the accounts corroborate each other in such a
    manner as to render previous concert highly
    Digitally
    signed by improbable;

    ASHISH
    ASHISH RASTOGI
    RASTOGI Date:

    2026.07.04
    as to illustration (c) — A, the drawer of a bill of
    17:06:40
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    was a young and ignorant person, completely under
    A’s influence;

    as to illustration (d) — it is proved that a river ran in
    a certain course five years ago, but it is known that
    there have been floods since that time which might
    change its course;

    as to illustration (e) — a judicial act, the regularity of
    which is in question, was performed under
    exceptional circumstances;

    as to illustration (f) — the question is, whether a
    letter was received. It is shown to have been
    posted,but the usual course of the post was
    interrupted by disturbances;

    as to illustration (g) — a man refuses to produce a
    document which would bear on a contract of small
    importance on which he is sued, but which might
    also injure the feelings and reputation of his family;
    as to illustration (h) — a man refuses to answer a
    question which he is not compelled by law to answer,
    but the answer to it might cause loss to him in
    matters unconnected with the matter in relation to
    which it is asked;

    as to illustration (i) — a bond is in possession of the
    obligor, but the circumstances of the case are such
    that he may have stolen it.

    42.Fifthly, the Convict in his defence evidence produced Ms.
    Shika Yadav, Bank employee of Bank of Baroda as DW-1
    who testified that that whole series of cheques containing
    14 leafs beginning from cheque no. 17 was stopped for
    payment.

    43.In such circumstances i.e. the categorical consistent denial
    of the Convict regarding his signature on the body of the
    cheque no. 000018 and the factors underlined above, the
    Ld. Trial Court rightly came to the conclusion that the
    ASHISH
    RASTOGI circumstances warranted the shifting of the burden of
    Digitally signed by
    ASHISH RASTOGI
    Date: 2026.07.04
    proving the signatures of the convict, to the Complainant
    17:06:45 +0530

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 27 of 29
    which she has failed to discharge as evidently no
    handwriting expert was produced by the Complainant.
    Moreover, even the debt in this case could not be proved by
    the Complainant as it is only a bald and unsubstantiated
    assertion of the Complainant that double the amount of
    loan advanced was promised to the Complainant. It is a
    matter of record and also borne out clearly from the cross
    examination of the Complainant that she admitted that no
    written agreement regarding advancement of loan exists
    and no independent witness of the said transaction has also
    been produced. The law occupying the field regarding
    appeal against acquittal has been discussed in detail in the
    beginning of the judgment i.e. that the Appellate court
    should not interfere with the findings of the Ld. Trial Court,
    if upon independent appreciation of evidence, it finds that
    the view taken by the Ld. Trial Court is a possible view.
    Upon independent appreciation of evidence and on the
    basis of discussion above, it is the considered opinion of
    this Court that the Ld. Trial Court has rightly acquitted the
    Convict Krishna Gupta @ Kanhiya in relation to cheque
    bearing no. 000018 as the view of the Ld. Trial Court of
    acquitting the convict Krishna Gupta viz a viz dishonour of
    cheque bearing no. 000018 is indeed a possible view.
    Hence, the findings of the Ld. Trial Court wherein the
    Accused has been acquitted w.r.t. cheque bearing number
    000018 demands no interference by this court in exercise of
    its appellate jurisdiction.

    ASHISH
    RASTOGI                  Operative Part:
    Digitally signed by
    ASHISH RASTOGI
    Date: 2026.07.04
    17:06:50 +0530
    

    In terms of the Discussion above, CA No.473/2025 titled

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 28 of 29
    Madhu Gupta v. Krishna Gupta @Kanhiya stands
    dismissed and CA No.14/2026 titled Krishna Gupta @
    Kanhiya v. Madhu Gupta stands partly allowed to an extent
    that compensation amount stands reduced to Rs 43,00,000
    while the conviction is upheld.

    44.TCR be sent back along with copy of this order.

    45.Appeal file be consigned to the Record Room.
    Announced in the open Court
    on 04.07.2026.

    (Ashish Rastogi)
    Digitally
    signed by Additional Sessions Judge-05
    ASHISH
    ASHISH
    RASTOGI East/Karkardooma Courts/Delhi
    RASTOGI Date:

    2026.07.04
    17:06:54
    +0530

    (i) Krishna Gupta vs Madhu Gupta CA No.14/2026

    (ii) Madhu Guta vs Krishna Gupta @ Kanhiya CA No.473/2025 29 of 29



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