of Rs.6,00,000/- on 24.09.2006 with a condition to repay the same within a period of two (2) days in the presence of one Md.Jalaluddin, Son of Khajamoinuddin, Resident of Miryalguda. It is his further case that after two days, when there was a demand for repayment, the second petitioner requested him and agreed to pay the amount after two months with interest @ 2%. It is his further case that even after two months, amount was not paid and the second petitioner asked him to come to Hyderabad for payment as such he approached the second respondent. Even then, he was not paid. It is his further case that the second petitioner assured to pay the due amount with interest and travelling expenses, which incurred from Miryalguda to Hyderabad and on such calculation, the second petitioner agreed to pay the total amount of Rs.6,00,000/- + Rs.78,400/- + Rs.225/- and accordingly, issued two cheques for Rs.2,71,450/- and Rs.4,07,175/-. It is his further case that when he presented both the cheques, the same were dishonoured with an endorsement ‘insufficient funds’. It is also his case that in view of the said dishonour of cheques, in spite of service of notice, as the payment was not paid, he filed the complaints alleging that the petitioners have committed the offences punishable under Sections 138 and 142 of the Act. Based on the said complaints, the learned Magistrate by
