2019 (9) TMI 1561

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..... . For the Respondents : Sanjeev Agarwal, Ekansh Agarwal, Chirag M. Shroff, Mahima C. Shroff and Yashika Verma, Advs. ORDER 1. Leave granted. 2. These appeals take exception to the judgment and Order dated 23rd July, 2018 passed by the High Court of Delhi at New Delhi in Crl.M.C. Nos. 3084/2015 and 3086/2015 whereby the proceedings initiated against Respondent No. 1 for the offence punishable U .....

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..... rties. 5. In our opinion, the High Court has muddled the entire issue. The averment in the complaint does indicate that the signed cheques were handed over by. the Accused to the complainant. The cheques were given by way of security, is a matter of defence. Further, it was not for the discharge of any debt or any liability is also a matter of defence. The relevant facts to countenance the defenc .....

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