(1.) THE issue which falls for consideration before the learned single Judge of this Court (K.P. Sivasubramaniam, J.) and which has now been referred to us for decision is as under:
(2.) THE following factual matrix would be necessary to understand the controversy: The accused Selvaraj, who was a petitioner before the learned single Judge of this Court in Cr. R.C. No. 247 of 1997, was convicted by the Judicial Magistrate, No. 1, Tiruchirappalli for offence under Section 138 of the Negotiable Instruments Act, 1881 on the ground that the cheque issued by him in favour of the corr plainant was dishonoured by the Bank, b his judgment dated 31-5-1996 in C.C. ?-Jo. 593 of 1995. The trial Court imposed a fine of Rs. 25,000 against the accused and in default he was directed to undergo simple imprisonment for a period of two months. He filed an appeal against the said judgment which was rejected by the Principal Sessions Judge, Tiruchirappalli in C.A. No. 126 of 1996 by his judgment dated 10-2-1997. It was canvassed before the learned single Judge in the aforementioned revision that the trial Court had exceeded its limits in awarding a fine of Rs. 25,000 as the Judicial Magistrate of First Class was empowered under Section 29(2) of the Criminal Procedure Code to award a fine up to 5,000 rupees only and, therefore, the trial Court had erred in awarding the sentence of fine beyond that limit. On behalf of the complainant, it was contended that the offence under Section 138 of the Negotiable Instruments Act provided a punishment of a term which may extend to one year, or with fine which may extend to twice the amount of the cheque, or with both. It was also argued that under Section 142 of the said Act, the said Magistrate was empowered to try any offence punishable under Section 138 of the Negotiable Instruments Act and, therefore, considering the non-obstante clause at the beginning of Section 142 of the Act, the Magistrate was perfectly justified in passing the sentence of fine which was more than 5,000 rupees. In short, it was contended that as per the correct interpretation of Section 142(c) of the Act, a Judicial Magistrate of the First Class or as the case may be, a Metropolitan Magistrate, could inflict a higher punishment than the limits set up by Section 29(2) of the Criminal Procedure Code. The complainant relied on a decision of a single Judge of this Court reported in (1995) 83 Com Cas 191 (A.YPrabhakarv. Naresh Kumar N. Shah), which supported the contention of the complainant and also relied on four other rulings of other High Courts including the High Courts of Andhra Pradesh and Kerala. The learned single Judge, however, took a view that the said judgment as also the judgments of the other High Courts could not be said to be laying down the correct law as in all those judgments, the judgment of the Supreme Court reported in (1984) 2 SCC 500:1984 SCC (Cri) 277 (A.R. Antulay v. Ramdas Sriniwas Nayak) was not taken note of. The learned judge of this Court (K.P. Sivasubramaniam, J.) in the last para of his referringordernoies:
(3.) SECTIONS 138 and Section 142 of the Act were brought on the legal anvils by resorting to the Banking Public Financial Institution and Negotiable Instruments Laws (Amendment) Act, 1988 (Act 66 of 1988). Section 138, thus introduced runs as under: