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, as the Accused was
running into a business of “On-line trading” and trading into
gold and in other commodities also and due to Covid situation
the Accused business was not doing well and the Accused was
in very much needed financial help very badly to clear some of
Accused outstanding debts or payments, as such Accused and
his father Mr. Abdhul Mohid approached the Complainant by
the end of February 2020 requested the Complainant to lend
some amount as a financial help to Accused business and in
turn Accused promised to give share of profit of 6% p.m. in the
Accused business also.