Full Order Text
Order 2 · 20 Apr 2026 · CNR DLND020121712024
Order Details: COPY OF JUDICIAL PROCEEDINGS Pdf Text: 25 Ct Cases / 573/2024 Siemens Financial Services Pvt Ltd Vs. Rasik Products Pvt Ltd And Others 20.04.2026 Present : Sh. Raghav Bansal, Ld. counsel for complainant appeared through VC. This complaint is filed U/s. 25 r/w Section 27 of the Payment and Settlement Systems Act, 2007. It is alleged in the complaint that the accused had issued the NACH mandate in favour of complainant in discharge of his liability. On presentation, the NACH mandate was returned dishonored. Thereafter, the complainant made the demand for the payment of the NACH mandate amount by giving the statutory notice. The accused failed to make the payment within the prescribed period of 15 days from the receipt of the demand notice. Complaint perused. Documents perused. Prima-facie, there is sufficient material to proceed further. Accordingly, this Court takes cognizance of the offence U/s. 25 r/w Section 27 of the Payment and Settlement Systems Act, 2007. The complainant/AR of complainant has also filed his evidence by way of affidavit Ex.CW-1/A to prove the averments made in the complaint. It has led PSE by tendering the affidavit. The complainant/AR of complainant has reiterated the facts as averred in the complaint. Further, the complainant/AR of complainant states that the complainant does not wish to lead any further PSE. Thus, pre-summoning evidence on behalf of complainant is closed. -- 1 of 2 -- I have heard arguments on point of summoning and perused the complaint, evidence by way of affidavit, bank memo, NACH mandate, demand notice and other documents on record. Prima facie the complaint is within limitation. In view of the averments made in the complaint, this Court has territorial jurisdiction to entertain this complaint. No other offence other than U/s. 25 r/w Section 27 of the Payment and Settlement Systems Act, 2007 is made out against the accused person(s). Perusal of the record shows that the accused no.1 is a company and accused no.2, 3 and 4 are the directors as per the averments in the complaint. Let summons be issued to accused no.1, 2, 3 and 4 at the given address(es) through all permitted modes including dasti on filing of PF within 60 days, returnable 10.08.2027. Complainant is directed to file tracking report and affidavit of service on NDOH. (Siddhant Kumar) JMFC (NI Act)-05/PHC/NDD 20.04.2026 -- 2 of 2 --