Negotiable Instruments Act, 1881–Secs. 138–Charge framed for the offence–Sustainability–Admitted position that the petitioner was having the sufficient amount at the time of presentation of cheque, and it was dishonoured on account of “Exceeds Arrangement”–Printed instruction on the cheque that it would be valid only for Rs. 10,00,000/- and under–Amount of cheque was Rs. 12,25,000/- –It cannot be treated as a valid negotiable instrument –Court below committed error in taking cognizance.
