Dishonor of cheque case where accused was acquitted. Cheque given as collateral security, not towards...

Dishonor of cheque case where accused was acquitted. Cheque given as collateral security, not towards debt. Drawee passed away before cheque clearance. Complainant posed as payee/holder issued notice u/s 138 of NI Act. Trial court rightly acquitted accused after considering evidence and relevant decisions. No offense u/s 138 attributable. High Court in agreement with trial court's findings, no infirmity or perversity in acquittal order. Appeal dismissed as devoid of merits. .....

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