Criminal Misc. No. M-5627 of 2009 1 In the High Court of Punjab and Haryana, at Chandigarh. Criminal Misc. No. M-5627 of 2009 Date of Decision: 10.3.2009 Amit Aggarwal …Petitioner Versus M/s Nectar Life Sciences Limited …Respondent CORAM: HON’BLE MR. JUSTICE KANWALJIT SINGH AHLUWALIA. Present: Mr. Rajeev K. Kapila, Advocate for the petitioner. Kanwaljit Singh Ahluwalia, J. (Oral) Complaint (Annexure P1) was filed by the respondent against the petitioner under Section 138 read with Section 142 of the Negotiable Instruments Act read with Sections 406 & 420 IPC. In the complaint it is stated that Rs.10,58,547/- are due towards the cheque drawn by the petitioner which had bounced. Counsel for the petitioner submits that infact liability was of Rs.8,50,000/-. Counsel further submitted that the cheques were drawn not towards discharge of any consideration or legal liability but were given as security. This is the disputed question of fact which can only be determined during the course of trial when parties will lead evidence. No merits. Dismissed. At this stage, counsel for the petitioner states that he will deposit Rs.1,00,000/- every month towards payment of cheque. Criminal Misc. No. M-5627 of 2009 2 Petitioner is at liberty to renew this prayer before the trial Court and the trial Court may explore the possibility of settlement of dispute by referring the matter to Mediation & Conciliation Center or to Permanent Lok Adalat. (Kanwaljit Singh Ahluwalia) Judge March 10, 2009 “DK”