Monday, 04, May, 2026
 
 
 
Expand O P Jindal Global University
 
  
  
 
 
 

Shri. Balesh A Ratnappagol vs The Sagar Leasing And Finance Ltd
2024 Latest Caselaw 4841 Kant

Citation : 2024 Latest Caselaw 4841 Kant
Judgement Date : 16 February, 2024

Karnataka High Court

Shri. Balesh A Ratnappagol vs The Sagar Leasing And Finance Ltd on 16 February, 2024

Author: S.Vishwajith Shetty

Bench: S.Vishwajith Shetty

                                                     -1-
                                                           NC: 2024:KHC-D:3778
                                                           CRL.A No. 100488 of 2023




                          IN THE HIGH COURT OF KARNATAKA, DHARWAD BENCH

                               DATED THIS THE 16TH DAY OF FEBRUARY, 2024

                                                  BEFORE

                              THE HON'BLE MR JUSTICE S.VISHWAJITH SHETTY

                                 CRIMINAL APPEAL NO. 100488 OF 2023 (A-)

                       BETWEEN:
                       SHRI BALESH A. RATNAPPAGOL,
                       AGE: 53 YEARS, OCC: BUSINESS,
                       R/O. KPILESHWAR COLONY,
                       BELAGAVI.
                                                                         ...APPELLANT
                       (BY SRI. SHRIKANT T PATIL.,ADVOCATE)
                       AND:
                       THE SAGAR LEASING AND FINANCE LTD.,
                       R/O 244/54, FULBAG GALLI, BELAGAVI,
                       R/BY IT CHAIMMAN,
                       SHRI MALLIKARJUN V. JAGAJAMBI,
                       R/O. 2ND MAIN 9TH CROSS,
                       26/27A, METROSHIR BUILING,
                       SADASHIV NAGAR,
ANNAPURNA              BELAGAVI-590019.
CHINNAPPA
DANDAGAL                                                               ...RESPONDENT
 Digitally signed by
 ANNAPURNA
 CHINNAPPA
 DANDAGAL                     THIS CRIMINAL APPEAL IS FIELD U/SEC. 378 (4) OF CR.P.C.
 Date: 2024.02.21
 14:47:31 +0530
                       SEEKING THAT THE JUDGMENT OF ACQUITTAL AND DISMISSAL OF
                       COMPLAINT IN CC NO. 414/2020 DATED 11.08.2023 PASSED BY VII
                       ADDL. JMFC, BELAGAVI BE SET ASIDE AND CONSEQUENTLY THE
                       ACCUSED IN CC NO. 414/2020 BE CONVICTED THE OFFENCES
                       PUNISHABLE U/SEC. 138 OF NI ACT.

                              THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, THE
                       COURT DELIVERED THE FOLLOWING:
                                  -2-
                                         NC: 2024:KHC-D:3778
                                         CRL.A No. 100488 of 2023




                             JUDGMENT

1. This appeal under Section 378(4) of Cr.P.C. is

filed by the complainant with a prayer to set aside the

judgment and order of acquittal passed by the Court of the

VII Addl. JMFC, Belagavi in C.C.No.414/2021.

2. Heard the learned counsel for the appellant.

3. Appellant herein had initiated proceedings

before the trial Court against the respondent company for

the offence punishable under Section 138 of the

Negotiable Instruments Act, 1881 (for short, 'the NI Act').

Respondent having entered appearance before the trial

Court had raised specific defence that the cheques in

question were not issued by it. It is not in dispute that the

cheques in question Ex.P1 and Ex.P2 belongs to Sagar

Souharda Sahakari Niyamita, Belagavi, which is a

Cooperative Society. The said Society has not been

arrayed as accused to the present proceedings. The trial

Court placing reliance on the judgment of the Hon'ble

Supreme Court in the case of Aneeta Hada

NC: 2024:KHC-D:3778

Vs.M/s.Godfatehr Travels and Tours Pvt. Ltd., reported in

(2012)5 SCC 661, has held that the complaint is not

maintainable, since the complainant had failed to implead

or array the Society to whom the cheques in question

Ex.P1 and Ex.P2 belongs, as accused before the trial court.

4. I do not find any illegality or irregularity in the

said order. Therefore, the appeal lacks merit. Accordingly,

the same is dismissed.

5. In view of the dismissal of the appeal, pending

applications do not survive for consideration. Accordingly,

they are disposed of.

Sd/-

JUDGE

KGK CT:GSM

 
Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : Smt. Nirmala Devi Bam Memorial International Moot Court Competition

 
 
Latestlaws Newsletter