2019 (2) TMI 2102

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....the Appellant : Mr. Ashish Verma, Advocate For the Respondent : Mr. Ajay B. Advocate ORDER (ORAL) In the above captioned two petitions, quashing of complaint of 26th September, 2015 under Section 138 of Negotiable Instruments Act, 1881, and summoning order of 29th September, 2015 relating to dishonor of cheque of Rs.25 lacs is sought on merits, whereas in the above captioned third petition qua....

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.... On the contrary, learned counsel for respondent submits that the summoning of petitioners is justified as the cheque amount was part payment given by respondent-complainant to accused-company. Attention of this Court has been drawn to e-mail of 27th May, 2013 sent by petitioner-Arun regarding loan being classified as unsecured loan of and collateral being treated as secured loans. Attention is a....