The Trial Court companyvicted the appellant for having companymitted the offence punishable under Section 138 of the Negotiable Instruments Act and sentenced him to pay a fine of Rs.2 lakhs, out of which Rs.1,90,000/ to be paid to the companyplainant and the remaining Rs.10,000/ to be appropriated by the State.
The order of companyviction and sentence passed by the Trial Court was affirmed by the revisional companyrt and the High Court.
The respondent filed a companyplaint under Section 138 of the Negotiable Instruments Act, 1881.
The appellant issued a cheque bearing No.112378 dated 5.12.2002 of Citibank for Rs.1,30,000/ in favour of the respondent, which was dishonoured when presented to the drawee bank.
The appellant has deposited Rs.1 lakh before the Trial Court and in pursuance of the direction of this Court, Rs.1 lakh has been deposited in the Registry of this Court.
We have heard the learned companynsel for the parties.
Leave granted.
