Accused Found Guilty in Dishonoured Cheque Case Under Section 138 of Negotiable Instruments Act
In a recent case decided by the XIX Additional Chief Judicial Magistrate at Bengaluru, the court held a person guilty under Section 138 of the Negotiable Instruments Act, 1881 (N.I. Act) for issuing a cheque that was dishonoured due to insufficient funds in the account. The case involved a dispute between two well-known friends, with the complainant alleging that the accused had issued a cheque to discharge a loan amount,…