Cheque Bounce Case Under Section 138 of the Negotiable Instruments Act: Conviction Upheld and Fine Imposed
In a recent case heard by the XXII Additional Chief Judicial Magistrate Court, Bengaluru, the accused Smt. B.N. Kokila has been convicted under Section 138 of Negotiable Instruments Act, 1881 (N.I. Act). The case involved a dispute over a cheque bounced due to insufficient funds, leading to criminal proceedings against the accused. The court pronounced the verdict after examining evidence, affidavits, and arguments from both sides, emphasizing the importance of…