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Conviction Under Section 138 of Negotiable Instruments Act in Cheque Dishonour Case Involving Property Transaction and Security Cheque Dispute

26 May 2026 2 min read
Conviction Under Section 138 of Negotiable Instruments Act in Cheque Dishonour Case Involving Property Transaction and Security Cheque Dispute

In a cheque dishonour dispute decided by the Court of JMFC (NI Act-09), Dwarka Courts, New Delhi, the complainants Bimla Devi and Updesh Gupta filed a case against accused Rakesh Sharma, proprietor of M/s Sainath Buildtech, alleging failure to honour financial commitments arising from a property transaction. The dispute centered around dishonour of cheques issued as part of consideration and refund of earnest money related to a land purchase agreement.…

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