High Court Kerala High Court

M/S.Sree Ragh General Finance Ltd vs Jose P. Varghese on 20 July, 2007

Kerala High Court
M/S.Sree Ragh General Finance Ltd vs Jose P. Varghese on 20 July, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

Crl L P No. 487 of 2007()


1. M/S.SREE RAGH GENERAL FINANCE LTD.,
                      ...  Petitioner

                        Vs



1. JOSE P. VARGHESE,
                       ...       Respondent

2. STATE OF KERALA

                For Petitioner  :SRI.SOORAJ T.ELENJICKAL

                For Respondent  : No Appearance

The Hon'ble MR. Justice K.THANKAPPAN

 Dated :20/07/2007

 O R D E R
                                    K. Thankappan, J.

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                                   Crl.L.P. No. 487 of 2007

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                       Dated this the 20th  day of July,  2007


                                           O R D E R

This is a petition to grant special leave to appeal from the order of

acquittal passed by Judicial Magistrate of the First Class-I, Kochi in

C.C.No.2945/2003. The appellant is a financial institution represented by

its power of attorney holder. As per the complaint, towards his legally

enforceable debt the 1st respondent had issued Ext.P1 cheque to the

appellant. When the cheque was presented for encashment, it was

dishonoured for insufficiency of funds. The appellant caused to issue a

lawyer’s notice to the 1st respondent and in spite of the receipt of the notice,

the 1st respondent did not pay the amount covered by Ext.P1 cheque. Hence,

the complaint had been filed alleging that the 1st respondent had committed

an offence under section 138 of the Negotiable Instruments Act . To prove

the case against the 1st respondent PW1 was examined and Exts.P1 to P6

were marked. After closing the evidence, the 1st respondent was questioned

under section 313 Cr.P.C. He denied the allegation and stated that he had

entered into a hire purchase agreement with the appellant to purchase a

motor bike and as per the terms of the agreement, the amount had to be

Crl.LP 487/07 2

repaid in 36 instalments and when he could not make payment after 28th

instalment, the appellant made entries in a blank cheque which was given

as security while entering into the agreement. On the side of the defence

the 1st respondent himself was examined as DW1 and Exts.D1 and D2

were marked. After considering the entire evidence, the trial court found

that Ext.P1 cheque was executed and issued by the 1st respondent to the

appellant for the discharge of a legally enforceable debt as contemplated

under section 138 of the Negotiable Instruments Act and hence the 1st

respondent was not guilty and he was acquitted under section 255(1)

Cr.P.C. Against the above findings entered by the trial court, the petition is

filed.

2. Question to be considered in this petition is whether the finding

entered by the trial occur is justifiable or not?

3. The case of the petitioner is that Ext.P1 cheque was issued in

discharge of a legally enforceable debt. The case of the 1st respondent is

that he had entered into a hire purchase agreement with the appellant to

purchase a motor bike and Ext.P1 is one of the blank cheque given by him

to the appellant while entering to the hire purchase agreement. The trial

court after considering the entire evidence found that the 1st respondent has

discharged his burden by the preponderance of probability that Ext.P1 was

Crl.LP 487/07 3

a cheque issued as blank and as security by the 1st respondent to the

appellant.. The above question was considered by this Court in a decision

reported in Sudha Beevi V. State of Kerala (2004(3) KLT 746). In the

above decision this Court held that if the negotiable instrument is not

supported by consideration, there was no question of the provision of

section 138 of the Act being attracted.

2. In the above circumstances, this Court is of the view that the

impugned judgment requires any interference by this Court. Hence, leave

to appeal is rejected.

K. Thankappan,

Judge.

mn.

Crl.LP 487/07    4




                         K.Thankappan,J.

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                          Crl.l.P.No.  /200

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                               ORDER

                                -6-2007