Accused Convicted in ₹9 Lakh Cheque Bounce Case Under Section 138 NI Act, ₹10 Lakh Compensation Ordered: Bengaluru Court
The VI Additional Judge, Court of Small Causes and ACJM, Bengaluru, delivered a judgment under Section 138 Negotiable Instruments Act, 1881, dealing with dishonour of cheque issued towards repayment of a friendly loan. The Court held the accused guilty and emphasized that once statutory requirements are met, presumption under law operates in favour of the complainant. Background of the case and parties involved The complaint was filed by Sarojamma K…
