Penal Code, 1860–Secs. 420, 467, 468, 471 & 120B–FIR for the offence–Sustainability–Case of complainant that he issued a bearer cheque to R which was used by the petitioner–Bearer cheques are negotiable instruments and the person who is in physical possession thereof is deemed to be the beneficiary owner of same, unless proved otherwise in accordance with law–Whether or not complainant owned any legitimate debt qua the cheque in question, will be adjudicated in the proceedings already subjudiced u/s. 138 of N.I. Act–FIR ex-facie do not make out any case for the commission of offence–Quashed.
