Man Convicted in ₹5 Lakh Cheque Bounce Case, Security Cheque Defence Rejected: Delhi Court
A Judicial Magistrate First Class court in Rohini, Delhi, has convicted Madan Lal Gupta in a cheque dishonour case involving Rs. 5 lakh. The court held that he failed to establish a probable defence against the statutory presumptions under the Negotiable Instruments Act, 1881. The complaint was filed by Subhash Chand Mittal under Section 138 of the Negotiable Instruments Act, 1881, alleging that Gupta had issued a cheque of Rs.…
