P.Murali v. M/S.Airmedia Technologis Ch
Case brief
What is this about?
Section 138 NI Act acquittal reversed by Madras High Court; presumption under Sections 118 & 139 N.I.Act not rebutted where cheque execution admitted and accused adduced no oral or material evidence; admission of Rs.40,00,000/- receipt in reply notice dated 01.07.2010 proves legally enforceable debt; civil remedy does not bar Section 138 prosecution; cheques issued among business associates for discharge of business liabilities attract Section 138; appellate court must apply cited precedents; Kishan Rao vs. Shankargouda (2018 0 Supreme (SC) 678) relied on; conviction, fine Rs.10,000/- and Section 357(3) Cr.P.C. compensation Rs.7,50,000/- confirmed; appeal under Section 378 Cr.P.C. allowed; Crl.A.No.592 of 2018; V. Parthiban J.; decided 21.01.2019; P.Murali v. M/s.Airmedia Technologies Chennai Pvt.Ltd. and others; respondents ex parte despite notice.
What did the court decide?
Criminal appeal allowed; judgment of the lower Appellate Court set aside; conviction and sentence passed in Calendar Case No.134 of 2012 by the Metropolitan Magistrate, Fast Track Court No.I, Allikulam, Chennai (2 years simple imprisonment, fine Rs.10,000/-, and compensation of Rs.7,50,000/- under Section 357(3) Cr.P.C. payable in three months by accused Nos.2 & 3, default six months simple imprisonment) confirmed; trial Court directed to take steps to secure the accused persons to serve the sentence.