In this judgment, the parties would be referred by their nomenclature in the complaint. Complainant is a Credit Co-operative Society, registered under the Maharashtra Co-operative Societies Act, 1961. The complainant/society deals in sanction and disbursement of loan and credit facilities to the needy people. The accused was a nominal member of the complainant/ society. The accused in the year 2012 made a request to the complainant/society to advance him the loan of Rs.1,40,000/- for his business purpose. The complainant/society sanctioned the loan of Rs.1,40,000/-. The interest payable was at the rate of 16% per annum. The complainant/society on several occasions made demand of the outstanding loan amount. The accused did not pay the same. The accused on 5th May, 2012 issued a cheque bearing No.044936, drawn on his account maintained with Wana Nagrik Sahakari Bank Ltd, Branch Hinganghat for Rs.1,83,414/- to the complainant/society. On presentation of the cheque for encashment, it was dishonoured on account of insufficient funds in his account to honour the cheque. The complainant/society, therefore, issued a notice dated 23rd May, 2012 to the accused and called upon him to pay the amount of cheque. The accused despite receipt of the notice, did not pay the amount. The complainant/society, therefore, through its authorised