Srinagar- A court in Srinagar has awarded 2-years imprisonment to a man from Theed Harwara here in a ‘cheque bounce’ case.
The court—Special Mobile Magistrate PT&E Srinagar, Fariqa Nazir—also directed him to pay Rs. 9,56,000, which is double the number of cheque amount, as compensation to the complainant.
“it is crystal clear that the ingredients of Section 138 of under section 138 Negotiable Instruments Act have been established before the court by the complainant,” the court said and sentenced the accused, Mohammad Ashraf Ahangar of Harwan to undergo a simple imprisonment for a period of two years.
“A fine of Rs.9,56,000 (nine lakhs fifty-six thousand) which is double the cheque amount is also imposed upon the accused,” the court said.
The fine of Rs.9,56,000, the court said, shall include the interim compensation (ninety-five thousand six hundred) awarded to the complainant by this court.” The fine so imposed shall be paid as compensation to the complainant, the court added.
The complaint was filed by one Malik Mujtaba of Brein Nishat in May 2021, after the accused failed to return Rs 4 lakhs which he had paid as debt to the accused in cash for the business of manufacturing iron works etc. the accused had issued cheques which got dishonoured and he accordingly filed the case.
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