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₹2 Crore Cheque Bounces, But Bank Fails to Prove Liability: Delhi Court

18 Sep 2026 2 min read

₹2 Crore Cheque Bounces, But Bank Fails to Prove Liability: Delhi Court

A Delhi court has acquitted V. Krishnamurthy in a cheque dishonour case filed by Kotak Mahindra Bank Ltd. The case involved a cheque of ₹2 crore issued in connection with a loan given to Ultra Tile Pvt. Ltd. The judgment was delivered on 15.09.2026 by Snehil Sharma, Judicial Magistrate First Class (NI Act), Patiala House Courts, New Delhi. The bank had advanced working capital facilities to Ultra Tile Pvt. Ltd.,…

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