Penal Code, 1860–Secs. 406, 420 & 411–Order of taking cognizance–Sustainability–No transaction between the petitioner and complainant–Allegation that the petitioner purchased the vehicle on which the complainant issued the loan to the seller–Registration certificate of the vehicle does not bear the endorsement of hypothecation or hire purchase agreement–Buyer of the vehicle cannot presume that the vehicle was on loan–Offence u/s. 411 is also not made out–Held, petitioner is entitled to be exonerated from the charge.
