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Punjab and Haryana High Court
Decided on: 22.12.2015

Negotiable Instruments Act, 1881 (26 of 1881), Section 138, 139, 142 -- Cheque bounce case -- Friendly loan of Rs. 21 lacs -- Held, such a huge amount of Rs.21 Lakhs cannot be given by a person without executing any document – Complainant-property dealer has not produced the account books to show the lending of this amount of Rs.21 Lakhs -- No document to show that this amount had been withdrawn from any bank account – Fact that the complainant borrowed Rs.21 Lakhs to give it a friendly loan to another person also creates doubt in the version of the complainant – Ld. Trial Court acquitted the accused – No ground to grant leave to appeal.

(Para 6-8)

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