1 appln 319 of 2011 vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO. 319 OF 2011 M/s Tata Capital Ltd .. Applicant. -versus M/s A.R. Industries Pvt. Ltd and anr .. Respondents. Mr. Shirish Gupte, Senior Counsel, with Mr. Subodh Desai, for the Applicant. Mr. S.A. Shaikh, APP for the Respondent State. CORAM: R.C. CHAVAN, J. DATED: 9th June, 2011 P.C. 1. Heard leaned counsel for the applicant. Notice of demand is dated 12.12.2008 which contains necessary particulars about the cheque and the dishonour which took place on 14.11.2008. Earlier notice dated 4.12.2008 is at exh. 29 whereby the entire outstanding loan amount was recalled. Therefore the learned Magistrate held that the liability to pay future EMIs ceased to exist. He held among other things that notice dated 4.12.2008 could not be termed as demand notice and seems to have refused to look into notice dated 12.12.2008 which gives all particulars because loan was recalled by notice dated 4.12.2008. In view of this leave granted. Appeal is admitted. Action under Section 390 of Criminal Procedure Code. (R. C. CHAVAN, J.)