name of M/s Mahavir Book Depot, signed by the authorised signatory of the account holder Mr. Awadesh Kumar, who happens to be the son of the petitioner, was opened, and used for transfer of an amount of ₹53,000/-, from the account of M/s Jorgy International to the said account. This transfer, which is stated to have taken place on 21st July, 1998, is alleged to have been authorised by T.D. Makhija. Consequent on the said transfer, the Memorandum further alleges that Mr. Sohan Lal withdrew ₹53,000/- on 21st July, 1998, by entering a fictitious signature on the reverse of the cheque. Though, in such cases, the cheque was required to be cancelled by two officials, the Memorandum alleges that cancellation of the cheque was effected only by Mr. Makhija and that, despite the non compliance with the requirement of two officials authorising the cancellation, payment, against the cheque, was made by the petitioner. It is further alleged that the balance amount of ₹3,000/- was withdrawn, by the petitioner, from the said account of M/s. Mahavir Book Depot on 2nd November, 1998, and that this transaction, too, was authorised by Mr. Makhija. In order to regularise these transactions, it is alleged that the status of the debit transfer entry of ₹53,000/- dated 21st July,1998, was changed after the end of the day by debiting the entry from the account of M/s Jorgy International, thereby ensuring that the balance in the said account remained constant.
