(1.) CM No. 9812 of 2015
(2.) BRIEFLY stated, facts giving rise to the instant lis are that petitioner took friendly loan of Rs. 4,50,000/ - for two months and executed an agreement dated July 28, 2009. Petitioner issued a cheque No. 679320 dated October 08, 2009 amounting to Rs. 1,10,000/ - in favour of complainant/respondent, in order to discharge his legally enforceable liability. The said cheque on its presentation before bank for encashment was dishonoured and returned back with remarks "Account closed". A legal notice dated October 12, 2009 was also issued to the petitioner by the complainant/respondent but to no response and ultimately, a complaint under Section 138 of the Act was preferred.
(3.) AFTER hearing learned counsel for the parties and perusing the record, learned trial Court convicted accused -petitioner under Section 138 of the Act and sentenced to the period fully reflected in para 1 of this judgment.