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Head Note

The Negotiable Instruments Act, 1881  - Section 138 , Section 141 , The Code of Criminal Procedure, 1973  - Section 482

Discharge of offences - Allowed - Appeals - Cheques for Rs.15,00,000/- each - Issued by accused - Cheques returned as unpaid - 'Payment stopped by Drawer' - Sufficient averments against Respondents -They were partners of the firm - At relevant point of time - Looking after day to day affairs of partnership firm - For fastening criminal liability - No legal requirement for complainant to show - Accused partner of firm was aware about each and every transaction - Impugned judgment and order set aside and quashed - Appeals allowed.

Topic(s)-Payment stopped by Drawer

Important Decision(s)- No legal requirement for complainant to show that the accused partner of firm was aware about each and every transaction.