This is a private complaint filed by the complainant
against the accused for the offence punishable under
Section 138 of Negotiable Instruments Act.
2. The brief facts of the complainant’s case is as
under:
It is contended that, the complainant and the accused
are well acquainted with each other and in such
acquittance, the accused approached the complainant in
the month of March 2017 for the hand loan of Rs.12 lakhs
to meet his financial commitments. The accused was
working at a liquor company called Bacardi India Pvt. Ltd,
Bengaluru. Considering, the request of the accused, the
complainant has advanced Rs.10,50,000/- on different
intervals on the assurance that, the accused would return
the amount within six months. After the lapse of six months,
C.C.No. 10738/2019
when the complainant had demanded the repayment, the
accused issued two cheques bearing No.176190, dt: