:
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 incorporated under the
provisions of the companies Act 1956. The complainant
company is into business of providing financial facilities. The
accused has approached the complainant for financial
SCCH-10
assistance by executing loan documents and the accused in
discharge of his liability, he has issued a cheque for a sum of
Rs.8,64,914/-. 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.