M/S.Sant Dnyaneshwar Farmers Producer Company Ltd. v. M/S Samunnathi Financial Intermediation and Service Limited
Case brief
What is this about?
Section 482 Cr.P.C. quashing petition dismissed; Section 138 NI Act complaint (STC.No.288 of 2022, V Fast Track Metropolitan Magistrate, Saidapet) left to stand for trial; defence of pre-presentation settlement supported by statement of accounts held untestable at quashing stage, requiring trial evidence; statutory notice returned 'refused to receive'; cheque amount Rs.89,06,120/-; loan Rs.50,00,000/-; complainant Samunnati Financial Intermediation and Services Pvt. Ltd.; accused Sant Dnyaneshwar Farmers Producer Company Ltd. and others; Madras High Court; G.K. Ilanthiraiyan, J.; decided 26.03.2026; connected Crl.MPs closed.
What did the court decide?
The statement of accounts produced by the petitioners to show pre-presentation settlement cannot be tested at the quashing stage; it requires evidence to be proved before the trial court.