2. Brief facts relevant for the decision of the case are as under:-

The Complainant alleges that he has friendly relations with the accused
since last 15-20 years. It is alleged that, in September, 2015, complainant
advanced friendly loan of an amount of Rs. 14,00,000/- to the accused which was
repayable on or before 31.12.2015. Thereafter in December 2015, accused
requested for extension of time of 15 days to repay the loan. After 15 days, when
complainant again approached the accused for repayment, the latter gave one
cheque of Rs. 8,00,000/- i.e. cheque in question no. 000046 dated 25.02.2016
drawn on HDFC Bank, Mahavir Enclave, Delhi to complainant towards part
payment of the loan, with an assurance of its encashment. After due date of
cheque in question, the complainant presented the cheque in his account
maintained at Allahabad Bank, Bindapur, Delhi, which was returned with the
remarks “Funds Insufficient” vide bank return memo dated 10.03.2016. Thereafter,
complainant served a legal notice dated 31.03.2016 upon the accused through his
counsel demanding the said amount. Despite service of aforesaid notice, neither
any reply was sent nor the money was repaid by the accused. Thereafter,
complainant has filed the present complaint case with the submission that
accused be summoned, tried and punished according to law.

Source: IK