Penal Code, 1860–Secs. 420, 120-B, 467, 468 & 471-B–Negotiable Instruments Act, 1881–Sec. 138–An admitted situation that the FIR was lodged after receiving the notice u/s. 138–Cheques were dishonoured due to insufficient funds–Nothing was done by the respondent at the time of losing the cheques–Held, cheques were given to petitioner and entrustment was not malafide–FIR is liable to be quashed.
