Complaint through GPA – Ld. J.M.I.C., while acquitting the accused held that GPA were neither filed in original nor were duly registered, as such were not admissible in evidence – Court also held that when after the sanction of alleged loan, the Bank seized the vehicle and sold the same and adjusted the sale proceeds towards the amount repayable by the accused, then the accused/borrower was not guilty under an offence punishable u/s 138 of the Act for dishonour of post dated cheques – Held, findings given by learned JMIC, are correct, as per law and cannot be held as illegal or perverse.

(P&H HC) Decided on: 19.01.2015