:1: FARAD CONTINUATION SHEET NO. IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.1878 OF 2007 Ramesh Govind Pawal Vs. Subhash B. Kadam ---------------------------------------------------------------------- Office notes, office Memoranda Court’s or Judge’s orders. of Coram, appearance, Court’s orders or directions and Registrar’s orders. ---------------------------------------------------------------------- Mr. J.Shekhar i/by J.Shekhar & Co. for the applicant. Mr.S.R. Nargolkar for the Respondent No.1. Mrs. R.M. Gadhavi,APP. for the State. CORAM : R.S. MOHITE, J. DATE: 25/7/2008. P.C. P.C. P.C. 1. This is an application for leave to file appeal. By the impugned judgment and order the accused has been acquitted for an offence under section 138 of the Negotiable Instruments Act. On perusing the record, I find that the acquittal is based on cogent material and proper reasons. The complainant in the complaint itself mentioned that the amount was advanced by him towards the working capital and that he was entitled to share in the profits. It is also stated that the amount was :2: collected from the complainant and two friends. In such situation, the court has acquitted the accused holding that there was absolutely no transaction. The view taken by the trial court is possible view. Hence, leave refused. Consequently the appeal papers to be filed. (R. S. MOHITE, J.)