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 under such
acquittance, the accused has approached for the hand loan
of Rs.6 lakhs to meet his family commitments. Considering
the request of the accused, the complainant advanced Rs.6
lakhs on 21.03.2019 through cash. The accused on
acknowledging the loan amount, has also issued post dated
cheques bearing No.000003, 000004, 000005, dt:
17.03.2020 for Rs.2 lakhs each in total Rs.6 lakhs, drawn
on Kotak Mahindra Bank, Sarjapura Road, Jakkasandra,
C.C.No.3746/2021
Bangalore – 24, assuring to present after the time sought for
repayment. After the lapse of the time sought by the
accused, when the complainant presented the cheques
through his banker i.e., Corporation Bank, Basaveshwara-