9911796707
TMI Blog2019 (9) TMI 1629X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹1,49,569/- was outstanding as on 11.10.2012. However, the petitioner waited for over two years to fill an amount of ₹2,00,000/- in the said blank cheque and deposited the same. According to the petitioner, the amount of ₹1,49,569/- had increased to ₹2,16,247/- as on the date of depositing the cheque, on account of interest calculated at the rate of 24% per annum - The tri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the learned Metropolitan Magistrate, thereby rejecting the petitioner s complaint under Section 138 of the Negotiable Instruments Act, 1881. 2. The petitioner s complaint related to the dishonour of a cheque (No.00054 dated 09.10.2014 drawn on Bank of India, Dilshad Garden branch for a sum of ₹2,00,000/-). It is stated that the said cheque was issued by the respondent at the beginning ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ;2,00,000/- in the said blank cheque and deposited the same. According to the petitioner, the amount of ₹1,49,569/- had increased to ₹2,16,247/- as on the date of depositing the cheque, on account of interest calculated at the rate of 24% per annum. 7. The trial court had noted that there was no contract or arrangement whereby the respondent had agreed to pay any interest. 8. In ..... X X X X Extracts X X X X X X X X Extracts X X X X
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