(2025 LHC 385)

FLSL is a financial institution within the meaning of section 2(a) of the FIO, and the parties admit that the
cheque was issued for the repayment of finance, the alleged offence falls exclusively under section 20(4) of the FIO. Section 489-F PPC does not apply. Under section 7 of the FIO, the Banking Court has exclusive
jurisdiction over such matters. Any prosecution against the Petitioner must be initiated through a complaint before the Banking Court as prescribed under the FIO.