2019 (11) TMI 1592

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..... nstrument Act, if a fine is imposed it is to be adjusted to meet the legal enforceable liability. There cannot be such a requirement in the offence under Indian Penal Code. The case under Negotiable Instruments Act can only be initiated by filing a complaint. However, in the case under Indian Penal Code such a condition is not necessary. There may be overlapping of the facts in both the cases but .....

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..... is dismissed as withdrawn. Pending application(s), if any, stands disposed of. We direct the Court of the Magistrate, First Class, Pen, District Raigad, which is seized of the complaint under Section 138 of the Negotiable Instruments Act in S.C.C.No.589/2010, to conclude the proceedings within a period of three months, since the matter has been pending since nine years. - - TaxTMI - TMITax .....

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