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2017 (8) TMI 1306 - HC - Indian LawsLiability under Negotiable Instruments Act - allegation against the present petitioner is that he stole the cheques and asked Satveer to make payment within seven days or face the consequence. The cheques of Axis Bank were presented, but payment towards those cheques was stopped at the instance of the complainant under the belief that the cheques were stolen by the present petitioner - FIT lodged - Held that:- After hearing the learned counsel for the parties and perusing the record of the case alongwith the precedent law cited at the Bar, this Court is of the opinion that on the face of it, the impugned FIR is nothing but a counterblast, as the respondent became aware of the cheques being dishonoured on 29.03.2017 and out of fear of the proceedings under the Negotiable Instruments Act, the complaint was lodged on 30.03.2017. As the complainant had the knowledge that he shall be facing the proceedings under the Negotiable Instruments Act and there was no reason available with the present petitioner, so as to stole the cheques in concern. In light of the aforesaid discussion as well as the precedent law cited by learned counsel for the petitioner, the present misc. petition is allowed and the impugned FIR dated 15.04.2017 bearing No.203/2017 registered at Nohar Police Station, District Hanumangarh is quashed and set aside.
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