2.The case of the respondent is that the petitioner borrowed a sum of Rs.8,00,000/- from the respondent, for which, he said to have executed a promissory note dated 21.02.2019 and agreed to repay the amount within a period of 12 months. Towards repayment of such due, the petitioner said to have issued a cheque bearing No.000002 dated 21.02.2020 for a sum of Rs.08,00,000/-. While, the respondent presented the said cheque for payment, the same was returned with an endorsement as “account closed”, for which, on 21.05.2020, the respondent sent a registered post to the petitioner for the repayment of the said amount and the petitioner received the said post on 22.05.2020 and sent a reply letter seeking further time. Thereafter, the petitioner has not paid the said amount. Hence, the respondent filed a complaint under Section 138 of Negotiable Instruments Act and the same was taken on file in S.T.C.No.198 of 2022 before the learned Fast Track Court (Magistrate Level), Thoothukudi. .