Cholamandalam Investment And Finance … vs Muniyellappa P on 1 April, 2025

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:

This is the complaint 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 is a company registered under the

companies Act, 1956 and in the course of its financial services

had introduced loan for the benefits of their customers. The

accused had approached the complainant company seeking

financial assistance for procuring a Eicher LCV vehicle bearing

Reg. No.KA-05-AD-5607 and agreed to repay the loan amount.

SCCH-10

Under the contract, a sum of Rs.4,08,649/- was due and

payable by the accused and in discharge of his liability, he has

issued a cheque for the aforesaid sum and the said cheque

when presented was returned dishonoured with an

endorsement “Contact drawer, present again” and despite

receipt of demand 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.



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