Conviction Upheld Under Section 138 of Negotiable Instruments Act in AACUS Educations Limited Cheque Dishonour Case: Calcutta High Court

This case arises from a dispute involving AACUS Educations Limited & Ors and Opposite Party No. 2 relating to a franchise agreement for running an education business in Madhyam Gram, North 24 Parganas. According to the facts, Opposite Party No. 2 was introduced to the Petitioners through a mediator for taking a franchise of AACUS Education. An amount of Rs. 5,00,000 was paid through cheque dated 09 January 2013 towards…