The Private Complaint filed by the Complainant under
Section 200 of Cr.P.C. against the accused alleging that he has
committed the offence punishable under Section 138 of
Negotiable Instruments Act.
2. The brief facts of the complaint are as follows:
The complainant submits that, the Accused is well known
to him since several years. The Accused approached him in the
month of January 2021 for a handloan of Rs.10 lakhs to
purchase an agricultural property at Haragapur, Hukkeri
Taluk, Belagavi District. Accordingly, the Complainant has
arranged and paid said amount from April 2021 to December
2021 by way of cash as well as NEFT through bank and at that
time of borrowing the handloan the Accused has promised to
return back the said handloan amount within six months.