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M/S Cianto vs Sri S Srinivasan
2022 Latest Caselaw 2686 Kant

Citation : 2022 Latest Caselaw 2686 Kant
Judgement Date : 17 February, 2022

Karnataka High Court
M/S Cianto vs Sri S Srinivasan on 17 February, 2022
Bench: Sreenivas Harish Kumar
 IN THE HIGH COURT OF KARNATAKA AT BENGALURU

     DATED THIS THE 17 T H DAY OF FEBRUARY, 2022

                             BEFORE

THE HON'BLE MR. JUSTICE SREENIVAS HARISH KUMAR

 CRIMINAL REVISION PETITION NO.655 OF 2021


BETWEEN:

1.      M/s. Cianto,
        No.66/2, 15 t h Cross,
        Malleshwaram,
        Bengaluru-560055.

2.      Smt. Kusum J.Biyani,
        M/s. Cianto, Proprietor,
        No.66/2, 15 t h Cross,
        Malleshwaram,
        Beng aluru-560055.
                                                      ...Petitioners
(By Sri Jag annathan P., Ad vocate)


AND:


Sri S.Srinivasan,
Aged 60 years,
S/o Late A.S.Sampath,
R/at No.9/2, 2 n d Main Road ,
Hanumaiah Layout, Sanjay Nag ar,
Beng aluru-560094.
                                                      ...Respondent


        This    Criminal   Revision   Petition   is    filed   under
Section 397 read with 401 of Cr.P.C., praying to set
aside     the     judgment/ord er     d ated     24.02.2020       at
                                  :: 2 ::


Annexure-A p assed in Crl.A.No.974/2019 on the file of
the LXVII Additional City Civil and Sessions Jud ge at
Beng aluru (CCH-68) and consequently set aside the
judgment            d ated       27.03.2019              passed         in
C.C.No.19973/2017, on the file of the learned XII
A.C.M.M., at Bengaluru by allowing the said Crl.RP.


       This Criminal         Revision      Petition    coming     on   for
admission this d ay, the Court made the following:


                               ORDER

Heard the learned counsel for the petitioners

at the time of admission.

2. The petitioners are accused in

C.C.No.19973/2017 on the file of XII A.C.M.M.,

Bengaluru. As they have suffered judgment of

conviction in relation to offence under section 138

of N.I.Act, and sentenced to fine of Rs.10,25,000/-

with default sentence of three months

imprisonment, they preferred an appeal to the

LXVII Addl. City Civil and Sessions Judge,

Bengaluru by filing Crl.A.No.974/2019. Since the :: 3 ::

appeal also was dismissed, the petitioners have

preferred this revision petition.

3. The first accused is a proprietary concern

and the second accused is its proprietrix. It is the

case of the complainant that in the first week of

October, 2016, the accused availed loan of

Rs.11,60,000/- from the complainant for

development and improvement of their business.

Having obtained loan, the accused executed three

promissory notes, consideration receipts and

issued four post-dated cheques drawn on

Corporation Bank, Sadashivanagar for

Rs.11,60,000/-. These cheques were dishonoured

when they were presented before the bank for

encashment and this resulted in initiation of

criminal case for the offence under section 138 of

N.I.Act after issuance of demand notice.

4. The trial court found that the complainant

was able to prove that the cheques were issued by :: 4 ::

the accused for discharging their liability and thus

convicted the accused and sentenced as aforesaid.

The specific defence is that the second accused

issued cheques in question by way of security for

loan obtained by her brother. The trial court has

found this defence improbable to be accepted. In

Para 13 of the judgment of the trial court, it is

observed that the brother of the second accused

died on 7.7.2014, whereas the loan was obtained

by the accused in the year 2016. That apart

accused no.2 also made part payment of

Rs.1,25,000/- and this itself would show that

second accused borrowed money from the

complainant. Ex.P.1 to 4 are the four cheques and

Ex.P.14 to 16 are the promissory notes and

consideration receipts executed by the accused.

In this view, the trial court ruled out the defence

to hold the accused guilty. The trial court has also

re-appreciated the evidence to come to same

conclusion. In this view, I do not find any merit to :: 5 ::

admit this revision petition as both the courts

have not committed any error in holding the

petitioner guilty of the offence under section 138

N.I.Act. Therefore petition is dismissed.

Sd/-

JUDGE

sd

 
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