1997 (3) TMI 641

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... JUDGMENT B. Atchutananda Swamy, J. 1. This criminal appeal is filed aggrieved by the orders of acquittal passed by the IV Metropolitan Magistrate, Vijayawada in C.C. 829/94. The complainant preferred this appeal. In the said judgment the Magistrate held that the complainant failed to prove that the cheque in question was issued in discharge of a legally enforceable liability and acquitted....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....7 on 10-8-1994 wherein the khatha and the amount payable by him was admitted but at the same time he categorically stated that certain incentives are due from the appellant Company and unless and until the accounts are settled the question of paying the amounts does not arise. It was further stated in the reply notice that the cheque in question was issued only for security purpose and not in disc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he signatures on the counterfoils. The question that arise for consideration would be about the validity period of a cheque under proviso (a) of Section 138 of N.I. Act by which Act the cheque has to be presented to the bank within a period of six months from the date on which it is drawn or within the period of its validity whichever is earlier. However, learned Counsel for the appellant has addr....