M/S PSR INFRASTRUCTURES v. M/S TATA MOTORS FINANCE LTD.
CRL.P/2220/2024 · 2026-09-29
Rajesh Rai K
body2026
DailyLaw.ai
[ 2026 DAILYLAW 44511 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 44511 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR
CNR: KAHC010129332024 NC: 2026:KHC:54230 CRL.P No. 2220 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE RAJESH RAI K CRIMINAL PETITION NO. 2220 OF 2024 BETWEEN:
1.
M/S PSR INFRASTRUCTURES HAVING OFFICE AT: FLAT NO.301, 'B' BLOCK, DHEERAJ COURTS APARTMENT, D NO.26-1-1578, MINI BYPASS ROAD, SRI NAGAR COLONY, MAGUNTA LAYOUT, NELLORE, SRI POTTI SRI RAMULU, NELLORE DISTRICT, ANDHRA PRADESH-524 004, REP. BY ITS MANAGING PARTNER, SRI SUDHAKAR REDDY PUCHAPALLI.
2.
MR. SUDHAKAR REDDY PUCHALAPALLI, S/O MR. P NARAYANA REDDY, AGED ABOUT 57 YEARS, FLAT NO.301, 'B' BLOCK, DHEERAJ COURTS APARTMENT, D NO.26-1-1578, MINI BYPASSS ROAD, SRI NAGAR COLONY, MAGUNTA LAYOUT, NELLORE, SRI POTTI SRI RAMULU, NELLORE DISTRICT, ANDHRA PRADESH-524004. …PETITIONERS (BY SRI JAYSHAM JAYASIMHA RAO, ADVOCATE) AND:
M/S TATA MOTORS FINANCE LTD.,
Digitally signed by PANKAJA S Location: HIGH COURT OF KARNATAKA
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HC-KAR
CNR: KAHC010129332024 NC: 2026:KHC:54230 CRL.P No. 2220 of 2024
HAVING REGIONAL OFFICE AT PRESTIGE LIBRA, NO.45, 3RD FLOOR, LALBAGH ROAD, BENGALURU 560027, REP. BY ITS LEGAL OFFICER, MR. SHIVAKUMAR KARABASAYYA, HOSAMATH. …RESPONDENT (BY SMT. SREEDEVI K.B, ADVOCATE FOR SRI PATIL J M., ADVOCATE)
THIS CRL.P IS FILED U/S.482 CR.P.C PRAYING TO QUASH THE ORDER TAKING COGNIZANCE AND ISSUING PROCESS DATED 19.08.2023 PASSED BY THE LEARNED XIV ADDL.C.M.M., MAYO HALL, BENGALURU IN C.C.NO.57367/2023, PENDING AGAINST THE PETITIONERS FOR ALLEGED OFFENCE P/U/S 138 OF NEGOTIABLE INSTRUMENTS ACT, 1881 AND THE ENTIRE PROCEEDINGS EMANATING THEREFROM AT ANNEXURE-A.
THIS PETITION, COMING ON FOR ADMISSION, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE RAJESH RAI K
ORAL ORDER
Learned counsel for the petitioners has filed a memo dated 28.09.2026 stating that the petitioners have cleared all the loans availed from the respondent and accordingly, the respondent has issued loan clearance certificates and No Objection Certificates to the petitioners. It is further stated that since the loans stand repaid, the cheque in question is no
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HC-KAR
CNR: KAHC010129332024 NC: 2026:KHC:54230 CRL.P No. 2220 of 2024
longer required to satisfy any debt or liability. Accordingly, he prays for quashing of the proceedings against the petitioners.
2.
Learned counsel for the respondent has not opposed the aforesaid prayer in view of clearance of loans.
3. In view of the above, the petition is disposed of quashing the proceedings in C.C.No.57367/2023 against the petitioners for the offence punishable under Section 138 of the Negotiable Instruments Act, pending on the file of the learned XIV ACMM, Mayo Hall, Bengaluru.
SD/- (RAJESH RAI K) JUDGE
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