S.R. SUNIL & CO. Vs D. SRINIVASAVARADAN
Bench: HARJIT SINGH BEDI,CHANDRAMAULI KR. PRASAD, , ,
Case number: Crl.A. No.-000041-000041 / 2005
Diary number: 11861 / 2004
Advocates: PRAMOD DAYAL Vs
K. K. MANI
Crl.A. 41 of 2005 1
IN THE SUPREME COURT OF INDIA CRIMINAL APPELLATE JURISDICTION
CRIMINAL APPEAL NO. 41 OF 2005
S.R. SUNIL & CO. ...... APPELLANT
VERSUS
D. SRINIVASAVARADAN ...... RESPONDENT
O R D E R
1. A very limited prayer is made in this appeal.
It arises from the order of the High Court. Admittedly
a sum of Rs. 1,40,00,000/- had been borrowed by the
respondent from the appellant on the 5th October, 1996.
On 18th November, 1996, the respondent gave a cheque for
Rs.5,38,425/- towards the interest on the aforesaid
amount. This cheque was deposited in the bank on the 9th
of January, 1997 which was dishonoured on account of
insufficient funds. A complaint under Section 138 of
the Negotiable Instruments Act was, accordingly, filed
and it was noticed that the only dispute was with
regard to the payment of the interest as the principal
amount of Rs.1,40,00,000/- had already been paid within
Crl.A. 41 of 2005 2
time. The Trial Magistrate, accordingly, thought it
fit that a sentence of imprisonment till the rising of
the Court and a fine of Rs. 5,000/- would meet the
ends of justice. A revision was thereafter filed by
the appellant and the same has been dismissed. The
present appeal has been filed praying that the sentence
of imprisonment till the rising of the Court and a fine
of Rs. 5,000/- was completely unrealistic and contrary
to the law laid down in Suganthi Suresh Kumar v.
Jagadeeshan (2002) 2 SCC 420.
2. We have heard learned counsel for the parties.
In the afore-cited case, it has been highlighted that
the bouncing of cheque was a serious matter and not to
be dealt with lightly by the Court and a sentence
commensurate with the facts and the behaviour of the
accused must also be kept in mind. Undoubtedly the
principal amount of Rs.1,40,00,000/- had been paid by
the accused but the interest which he had promised to
pay by way of the cheque could not be realised as the
cheque had bounced. It is also clear that despite the
fact that the complaint had been filed in the year
1996 and the matter has been pending for 15 years, he
has not made any attempt to make the payment. We,
therefore, feel that a deterrent sentence is called for
Crl.A. 41 of 2005 3
in the light of the aforesaid circumstances. We,
accordingly, direct the accused-respondent herein to
pay a compensation and fine of Rs. 5,38,425/- and in
default of payment to undergo two years simple
imprisonment. We give time upto the end of March, 2011
to make the payment failing which he will be taken into
custody to serve out his sentence.
3. The appeal stands disposed of.
...... ..................J [HARJIT SINGH BEDI]
........................J [CHANDRAMAULI KR. PRASAD]
NEW DELHI JANUARY 27, 2011.